Hedge Funds & Alternative Investments
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Saudi Sovereign Fund Seeks 15% Stake in Accor's Unit
Saudi Arabia’s sovereign wealth fund is in talks to buy a 15 percent stake in Accor SA’s property business in a transaction that could value the unit at about 6.2 billion euros ($7.64 billion), according to people familiar with the matter. Public Investment Fund, known as PIF, is buying a…
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Click here to read the full story: Bloomberg