Hedge Funds & Alternative Investments
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PIF to acquire stake in Saudi construction giant Binladin Group – reports
Saudi Arabia’s Public Investment Fund is set to take a 36 percent stake in the Kingdom’s construction giant Binladin Group, according to Bloomberg. While PIF did not offer an official response to the report, Bloomberg said the fund is “working with Morgan Stanley on a potential deal to buy into…
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Click here to read the full story: Arab News