Saudi billionaire prince to sell 16.87% of firm to sovereign fund
A Saudi billionaire detained in a 2017 anti-graft crackdown will sell a 16.87 percent stake in his company to a sovereign wealth fund run by the kingdom’s crown prince. a statement issued on Sunday. According to a regulatory filing published by the Saudi stock exchange, or Tadawul, Prince Al-Waleed bin Talal sold 625 million shares … Read more