Saudi Sovereign Wealth Fund Takes Large Position in Almarai
Posted on 10/15/2017
Regulatory filings revealed that Saudi Arabia’s Public Investment Fund (PIF) acquired a large shareholding in Almarai Company Limited, a dairy and food processor company based in Riyadh. Almarai (in Arabic means pasture) was formed in 1977, initially as a partnership between Alastair McGuckian, an Ireland-based food pioneer, his brother Paddy and Saudi Prince Sultan bin […]
