Riyadh – Mubasher: Kingdom Holding Company’s (KHC) owner Alwaleed bin Talal said that his firm will seek to acquire large investment opportunities over the coming period after being released from his detention.
KHC is collaborating with financial advisers, including Goldman Sachs, to win a transaction which may reach $3 billlion, the Saudi Arabian Prince added.
KHC’s owner plans to restructure his company, as he may distribute its assets which amounted to $13 billion, bin Talal said in an interview with Bloomberg Television.
Earlier on Tuesday, bin Talal announced reaching an agreement with the Saudi government to be released from detention, after being accused of corruption during the kingdom's anti-corruption probe that started in November 2017.
