Saudi Sovereign Wealth Fund Jumping on Direct Equity Opportunities
Posted on 04/08/2020
Earlier, Saudi Arabia’s Public Investment Fund (PIF) picked up a sizable stake in Carnival Corporation. PIF acquired a stake worth roughly US$ 200 million in Equinor ASA (formerly Statoil), the Norwegian oil-producing giant. PIF most likely picked up the shares in Equinor during the first week of April 2020. PIF is taking key advantage of […]
