KIC, Kingdom Holdings to partner on PE investments
Korea Investment Corporation (KIC) and Kingdom Holding Company (KHC), an investment company controlled by Saudi billionaire Prince Alwaleed bin Talal, have agreed to collaborate on private equity investment opportunities.
The prince signed a memorandum of understanding with Hank Ahn, chairman and CEO of KIC, in Riyadh on Tuesday. According to a KHC release, this will be the first partnership between the sovereign wealth...
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