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