Saudi Arabian fund acquires 5.7% stake in Live Nation
Posted on: 28 avril 2020, by : Stuart Dredge

The sovereign wealth fund of Saudi Arabia has acquired a 5.7% stake in Live Nation, for a price estimated at nearly $500m. Live Nation is a public company, so this was a transaction on the open market, revealed in a filing by the ‘Public Investment Fund’ with the US Securities and Exchange Commission (SEC). According to Billboard, this […]
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Source: Music ally

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