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Story summary
- The Public Investment Fund (PIF) of Saudi Arabia and Kingdom Holding Company (KHC) agreed to acquire 70% of Al-Hilal Club Company for SAR 840 million, valuing it at SAR 1.4 billion.
- The deal aligns with PIF’s plan to strengthen the domestic economy and support Vision 2030.
- PIF will remain a shareholder and focus on commercial performance and international partnerships.
