BRIEF-Kingdom Holding Buys Stake In Breakthrough Energy Ventures From Prince Alwaleed Bin Talal

KINGDOM +1.73%

KINGDOM

4280.SA

9.97

+1.73%

April 2 (Reuters) - Kingdom Holding Company SJSC 4280.SE:

  • KINGDOM HOLDING - SIGNS SPA TO ACQUIRE A STAKE IN BREAKTHROUGH ENERGY VENTURES FROM PRINCE ALWALEED BIN TALAL

  • KINGDOM HOLDING - DEAL VALUED AT SAR 255 MILLION (USD 68 MILLION)

  • KINGDOM HOLDING - AGREED PURCHASE PRICE AT 30% DISCOUNT TO THE ESTIMATED VALUE

Source text: ID:nSSE43QZfQ

Further company coverage: 4280.SE


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