Saudi's Kingdom Holding buys $450m stake in Citigroup from Prince Alwaleed

Saudi's Kingdom Holding buys $450m stake in Citigroup from Prince Alwaleed

Riyadh, Saudi Arabia. Photo by Hala AlGhanim on Unsplash

Saudi Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding said on Wednesday it raised its ownership in Citigroup to 2.2% after acquiring from the prince a stake in the bank worth about $450 million.

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