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Qatar developer UDC shareholders OK strategic shareholder

Qatar developer UDC shareholders OK strategic shareholder

Shareholders of Qatar's United Development Company (UDC) approved on Tuesday a government-backed strategic shareholder to take a $440 million stake in the builder of the man-made Pearl island project, the company said in a statement.

February 29, 2012 1:37
 
Qatari developer UDC says investor talks back on

Qatari developer UDC says investor talks back on

Qatar's United Development Co (UDC), builder of the man-made Pearl Island project, said on Sunday that an investor is still interested in becoming a strategic shareholder, just weeks after withdrawing its offer.

February 26, 2012 11:25