Kingdom Holding Company invested over SR1 billion in London-based M&G PLC

Kingdom Holding Company, announces that it has invested 1,008,735,074 million Saudi riyals (£224,397,285 million) in M&G PLC one of the largest insurance and asset management companies in Europe.

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

About M&G PLC:

Established in 1848 in the UK, M&G is one of the largest Savings and Asset Management companies in Europe with more than $370 Billion in AuM serving more than 5 million customers across 28 markets.

About Kingdom Holding Company:

Kingdom Holding Company is a global investment company with assets of more than 50 billion Saudi riyals invested across 18 sectors.