herald

Saturday 22 September 2018

Options for prince

Prince Alwaleed bin Talal, the Saudi billionaire with stakes in companies including Citigroup, is weighing options including an initial public offering for Four Seasons Holdings and Fairmont Hotels & Resorts.

The founder and chairman of Saudi Arabia's Kingdom Holding Company, who took a 95pc stake in the Four Seasons chain with Microsoft co-founder Bill Gates, said he's considering strategic options for the two companies including a stock market listing or merger.

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