Saudi sovereign-wealth fund buys stake in Royal’s investment firm
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2 min read . Updated: 22 May 2022, 08:40 PM IST - Public Investment Fund to pay Prince al-Waleed bin Talal $1.51 billion for 16.9% of Kingdom Holding
Premium 2 min read . Updated: 22 May 2022, 08:40 PM IST Saudi Arabia’s sovereign-wealth fund bought a stake Sunday in a firm owned by billionaire Prince al-Waleed bin Talal, further intertwining the government with a high-profile investor who was once detained by the state over corruption allegations.
