Friday 22 November 2013

Billionaire Alwaleed Weighs IPOs for Four Seasons - Bloomberg

Billionaire Alwaleed Weighs IPOs for Four Seasons - Bloomberg:

"Prince Alwaleed bin Talal, the Saudi billionaire with stakes in companies including Citigroup Inc., is weighing options including an initial public offering for Four Seasons Holdings Inc. and Fairmont Hotels & Resorts Inc.
The founder and Chairman of Saudi Arabia’s Kingdom Holding Co. (KINGDOM), who took a 95 percent stake in the Four Seasons chain with Bill Gates, said in an interview with Bloomberg TV’s Erik Schatzker in Chicago yesterday he’s considering strategic options for the two companies including an IPO or merger."

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