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Saudi billionaire prince to sell 16.87% of firm to sovereign fund
A Saudi billionaire detained in a 2017 anti-graft crackdown is to sell a 16.87-percent stake of his company to a sovereign wealth fund run by the kingdom's crown prince, a statement said Sunday. The sale by Prince Al-Waleed bin Talal of 625 million shares of the Riyadh-headquartered Kingdom Holding Company…
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Click here to read the full story: Economic Times