PIF Acquires 23% Of MEPCO

Posted on 01/04/2024

Saudi Arabia’s Public Investment Fund (PIF) seems quite interested in tangible asset investment lately as some may recall the recent acquisition of Saudi Basic Industries Corp.’s metals business, Saudi Iron & Steel Company, for US$ 3.3 billion. Now PIF wants a piece of the action in industrial paper products. PIF is investing in the Middle…

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