Saudi PIF Keen On Buying Stake in Kuwaiti Food Company

Posted on 11/28/2016

With a sizable financial war chest, Saudi Arabia’s Public Investment Fund (PIF) is on the lookout for investment opportunities. PIF embarked on plans to acquire a 50% ownership stake in Adeptio LLC from Mohamed Alabbar, a billionaire based in the United Arab Emirates and also the chairman of Emaar Properties. Adeptio is the holding company […]

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