Kingdom Holding Company, an investment firm owned by Saudi billionaire Prince Alwaleed bin Talal, said it has completed the acquisition of 16.2 per cent stake in Banque Saudi Fransi for SR29.5 ($7.8) per share; a deal worth SR5.8 billion ($1.5 billion).
Saudi Arabia’s Kingdom Holding Company (KHC), the investment company of Saudi billionaire prince Alwaleed bin Talal, has sold its interest in Malaysia’s Four Seasons Resort, the company said on Sunday. The company sold its 90 per cent interest in the
Kingdom Holding, run by billionaire Prince Alwaleed bin Talal, plans to acquire a 16.2 percent stake in Banque Saudi Fransi from Credit Agricole, which is valued at around SR5.8 billion ($1.5 billion). The deal would make the Saudi tycoon the largest