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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq A-Awsat

PIF Buying 30% Stake in Saudi Tabreed

PIF Saudi Arabia United Arab Emirates
The Public Investment Fund (PIF) logo

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.

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