Kingdom Holding's strategic partnership with a French sovereign wealth fund

Posted in

HRH Prince Alwaleed bin Talal bin Abdulaziz Al Saud, Chairman of Kingdom Holding, recognized the historic deal of the French sovereign wealth fund and major French companies that acquired a stake in Kingdom Holding through a private transaction of 29. 9 million shares at a price of 18.8 riyals for a value of 563 million riyals (150 million dollars),9 million shares at a price of 18.8 riyals and a value of 563 million riyals (150 million dollars), with His Highness retaining his full ownership percentage in Kingdom Holding Company, and the deal was completed last week.

<p class="p1

This French investment supports the Kingdom's trend in attracting and attracting foreign capital, especially from governments and companies of major and developed countries.