Kravis-Backed ‘Friends of Golf’ Group Drops PGA Pursuit
A consortium dubbed “Friends of Golf” featuring billionaires Henry Kravis and George Roberts has dropped its pursuit of
2023-12-01 02:51
Saudi Arabia to Buy 10% Stake in Heathrow in Ownership Reshuffle
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a
2023-11-29 15:51
PGA Tour Says It Will Offer Equity Ownership to Players
The PGA Tour said on Tuesday that it will offer professional golfers direct ownership in an entity being
2023-11-15 05:17
PIF-Backed Driller, Holders Seek up to $1.2 Billion in Saudi IPO
ADES Holding Co. and its main shareholders, which include Saudi Arabia’s sovereign wealth fund, are seeking to raise
2023-09-10 14:49
Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal
Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the
2023-09-03 16:21
Saudi Arabia Signals Interest in Champions League Football Entry
Saudi Arabia is interested in discussions about joining Europe’s top football club tournament, the Champions League, as the
2023-08-27 14:59
Saudi Wealth Fund Takes $15.6 Billion Hit From SoftBank and Tech
Saudi Arabia’s sovereign wealth fund reported a $15.6 billion comprehensive loss for 2022 after the value of its
2023-08-06 23:15
Saudi Wealth Fund Weighs Buying Another Top Football Club in Europe
Newcastle United FC’s Saudi Arabian owners are considering buying another top football club in Europe, a person with
2023-07-13 20:21
Kuwait’s $700 Billion Wealth Fund Is Being Eclipsed by Ambitious Neighbors
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the
2023-07-10 12:57
PGA Tour Officials to Testify on LIV Golf Merger at Senate Hearing Next Week
PGA Tour Chief Operating Officer Ron Price and board member Jimmy Dunne are set to testify on July
2023-07-04 01:47
Saudi and Singapore Wealth Funds Join $930 Million Pre-IPO Bet on Anime Giant
Kakao Entertainment Corp. has won $930 million from the sovereign wealth funds of Saudi Arabia and Singapore, securing
2023-06-23 17:28
Saudi Arabia Becomes Largest Outside Shareholder of Nintendo
Saudi Arabia’s Public Investment Fund became the largest outside shareholder of Nintendo Co. on Friday, in the latest
2023-06-23 17:20