Saudi private equity firm Jadwa plans $532m deals, more listings

Saudi private equity firm Jadwa plans $532m deals, more listings

Saudi Arabia’s Jadwa Investment Co. plans to invest about $532m in new private equity deals and to list stakes in three of its portfolio companies by 2025 as it looks to capitalize on rapid economic growth in the region. The private equity firm is in advanced talks to...
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...