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kingdom holding
’Snap news
Breaking pre-market news on Monday,
- Gulf Keystone Petroleum announces £16m interim equity fund raising at 76.5p a share – statement.
- Rightmove says UK house asking prices rose just 0.1 per cent in March – statement.
How much trouble is Prince Alwaleed’s Kingdom Holding actually in?
There’s an other-worldly aspect to the news release issued by Kingdom Holding on Tuesday. Let’s start with the title:
In an Unprecedented Move, Prince Alwaleed Grants 180 million from his Citigroup Shares to Kingdom Holding Shareholders at no Cost,
Saudi reheat? Alwaleed to float Kingdom Holding
Just before 2 o’clock, a rumour went round the London market: Prince Alwaleed bin Talal, one of the world’s richest men, is floating his Kingdom Holding investment vehicle.
The run-up has been long enough so maybe,