Prince Alwaleed's Kingdom Holding likely to spin off assets: BBG

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.

>>Reuters
Published : 20 March 2018, 05:37 AM
Updated : 20 March 2018, 05:37 AM

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.