Prince Alwaleed's Kingdom Holding likely to spin off assets - Bloomberg


  • World
  • Tuesday, 20 Mar 2018

DUBAI (Reuters) - Saudi Arabian investment firm Kingdom Holding is likely to split its $13 billion of assets through a spin-off of domestic property and other holdings, its billionaire chairman Prince Alwaleed bin Talal said.

Prince Alwaleed also told Bloomberg in a television interview that he was working with advisors, including Goldman Sachs, to look for investments as large as $3 billion for Kingdom.

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