PARIS: Qatari Diar (QD), which is part of the sovereign wealth fund of the State of Qatar, said in a statement it had launched, via an institutional private placement, the sale of its 4.6 percent stake in French water utility Veolia.
It said bookbuilding for the approximately 26.1 million shares in Veolia will start immediately.
Following the operation, it is expected that QD will no longer hold any shares in Veolia, it said.
(Reporting by Geert De Clercq; editing by John Irish) ((geert.declercq@thomsonreuters.com; +33 14949 5343; Reuters Messaging: Twitter: @gvdeclercq))
