VOL. XLV
No 30
29-July-2002
SAUDI ARABIA
Prince al-WalidRaises Citigroup Stake $500Mn to Over $10Bn
Saudi entrepreneur Prince al-Walid ibn Talal ibn'Abd al-'Aziz has increasedhis stake in US banking company Citigroup by $500mn to over $10bn, according toa 18 July statement from Kingdom Holding which manages his worldwide investments.This latest purchase follows a similar move in March, when the prince, who isthe largest Citigroup shareholder, also bought $500mn worth of Citigroupshares. On 29...
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