Kingdom Holding ups investment in Hercules Capital by SAR 274.3 mln

09/05/2023 Argaam
Logo of Kingdom Holding Co.

Logo of Kingdom Holding Co.

Kingdom Holding Co. (KHC) raised its investment in Hercules Capital Inc. by SAR 274.3 million ($73.1 million).

 

Hercules Capital is one of the largest investment companies focused on venture lending, KHC said in a statement to Tadawul.

 

Accordingly, KHC’s ownership in Hercules Capital rose to 6.6%.

 

For More Mergers and Acquisitions

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