Barclays looks to Qatar in £4.5bn call

Gulf state Qatar will make the largest investment, pouring in nearly £2.3bn through the Qatar Investment Authority and Challenger vehicles. Japan’s Sumitomo Mitsui Banking Corporation will invest £500m, with existing shareholders Temasek Holdings and China Development Bank adding up to £200m and £136m respectively. Leading institutional shareholders and other investors have also agreed to invest up to £1.34bn. Barclays says approximately £4bn will be raised at 282p per share, a 9.3% discount on its closing price last night. The Sumitomo investment will be made at 296p per new ordinary...