Kingdom Holding, Prince Alwaleed Bin Talal transfer their ‎Twitter stake to New Twitter

Kingdom Holding Company (KHC) and the private office of His Royal Highness ‎Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud (PO) announce the roll over of ‎their ownership of the existing Twitter shares (34,948,975 Shares) valued at USD ‎‎1.89 Billion to the “New” Twitter, led by Elon Musk, KHC & PO are jointly the ‎second largest investor after Elon Musk.‎

This deal is ‎in line with‎ the long-term investment strategy for which Kingdom ‎Holding Company is known for.‎