M&G receives investment from Saudi Arabia investment company

News Team, 22/07/2022

Insurance and asset management firm M&G has received investment from Saudi Arabian investment company Kingdom Holding Company (KHC).

M&G will be receiving 1,008,735,074 billion Saudi riyals (£224.417 million).

This investment is aligned with KHC’s investment strategy of investing in global market leaders and further diversifies KHC’s exposure in new and promising sectors, the firm said.

Kingdom Holding Company is based in Riyadh in Saudi Arabia and h...

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