Qatari Diar acquired 5% stake in Veolia Environnement for $874 million

Qatari Diar, the qatar-based investment fund, said that it will buy 5% stake in French utility giant Veolia Environnement for around $874 million.

The deal will lead to common projects in the infrastructure and public services sector in the Middle East and North Africa and could be extended to other countries in which the Qatari fund has a presence, Veolia said.

Qatari Diar is listed in the Middle East Investors Directory with the code BFD107.

More details from their release follows