LONDON, Sept 26 (Reuters) - A Dubai government holding, Diyafa World Limited, has increased its holding in the world's biggest hotel company InterContinental Hotels Group Plc (IHG.L: Quote, Profile, Research, Stock Buzz) to 4.23 percent, the hotelier said on Friday.
The Dubai group is an existing shareholder of the British hotelier and earlier this week increased its holding above 3 percent and then over 4 percent, but there was no indication from whom it bought the shares.
"We regard them as long-term investors," an InterContinental spokesman said.
InterContinental's biggest shareholder are the billionaire Barclay brothers who hold a 10 percent stake. The brothers have been the source of bid speculation for the hotelier in the past.
InterContinental shares were up 0.29 percent at 692 pence in a lower London stock market by 1410 GMT. (Reporting by David Jones; editing by Sue Thomas)
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