Qatar Disposes of Barclays Warrants, Holding 6.7% Stake

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Qatar Holding LLC sold the last of the Barclays Plc warrants it acquired during the financial crisis, triggering a 740 million-pound ($1.19 billion) stock offering by the banks that arranged the transaction.

Deutsche Bank AG and Goldman Sachs Group Inc. sold as many as 303.3 million shares in the British bank to money managers for 244 pence apiece, the bottom of the 244 pence to 248 pence range used to canvas investor interest in the stock, according to a term sheet obtained by Bloomberg News.