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Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home
After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link
A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom
Middle Eastern sovereign-wealth funds have a lot of money to invest. More of it is set to go to Chinese businesses. The increasing economic links
Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal
Mubadala-backed M42 would buy the operator of 440 dialysis clinics from buyout firm Bridgepoint. Source link
Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link
China's Ant Gives Trapped Investors an Opportunity to Cash Out
China's Ant Gives Trapped Investors an Opportunity to Cash Out Source link