Sheikah Mozah: Hindmarch stake
Issue 976
- 05 Sep 2014
| 1 minute read
Mayhoola For Investment, a fund linked to Sheikha Mozah Bint Nasser Al-Misnad, has almost doubled its stake in high-end accessories designer Anya Hindmarch, according to news reports. Mayhoola, thought to be an investment arm of the Qatar Luxury Group (which is owned by the Qatar Foundation), bought a 38.8% stake in the company worth £27m ($45m) in 2012, and in early August was reported to have paid £24.2m for a further 21.2% stake. Despite Mayhoola’s 60% share, Hindmarch retains control of the business through voting rights, The Independent said.
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