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
Prince Alwaleed bin Talal, chairman of
Saudi billionaire Prince Alwaleed Bin Talal and his