Saudi family office acquired $300 million stake in Twitter
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, and Kingdom Holding Company announced investment of $300 million in Twitter.
Dow Jones is reporting that this $300 million represents a 3 percent stake in the company. Kingdom Holding already holds roughly 7 percent stake in News Corp as well. As DubaiBeat reported back in 2010, they had also acquired stake in GM for $500 million.
Kingdom Holding Company is listed in the Middle East Investors Directory with the code BFD84.
More details follows
December 19, 2011 |
Filed under Ahmed Halawani, Kingdom Holding, Middle Eastern Family Offices, Saudi Investors, Saudi Prince Alwaleed Bin Talal
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