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Qatar Investment Authority Continues to Invest in Tiffany

The sovereign wealth fund for the Middle Eastern nation spent $8.7 million to buy a total of 128,248 shares of the high-end jeweler on Tuesday and Wednesday.

STOCKING UP ON TIFFANY: Qatar Investment Authority continues to bet on Tiffany & Co. The sovereign wealth fund for the Middle Eastern nation spent $8.7 million to buy a total of 128,248 shares of the high-end jeweler on Tuesday and Wednesday. That gives the luxe-loving country more than 15.9 million shares of Tiffany, or 12.5 percent of those outstanding.