Saudi wealth fund PIF buying 30% stake in Saudi Tabreed

Saudi wealth fund PIF buying 30% stake in Saudi Tabreed

Saudi Arabia’s Public Investment Fund (PIF) has acquired a 30% stake in cooling company Saudi Tabreed through a private placement of shares, according to a bourse filing on Wednesday. The sale is subject to completion procedures. United Arab Emirates-listed...
Data science firm Tredence raises $175m from PE firm Advent

Data science firm Tredence raises $175m from PE firm Advent

Tredence, the Data Science and AI Solutions company, today announced it has raised $175m in Series B funding from Advent International to accelerate data-fueled growth and AI value realization for industries. Advent is one of the largest and most experienced global...