Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, swapped 9% of Euro Disney company shares into the Walt Disney Company while maintaining 1% direct ownership in EuroDisney S.C.A. (Disneyland Paris) in a transaction valued at approx. $151M (SR566M). The net profit gained in this transaction was approx. $61M (SR228M). This deal is in line with Kingdom Holding’s investment strategy and continued confidence in the Disney brand.
Prince Alwaleed commented: “We continue to have confidence in Disney and remain committed to investing in France.”
About Kingdom Holding Company:
Founded in 1980, KHC is a publicly traded company, which was listed on Tadawul (the Saudi Stock Exchange) in 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player regionally and internationally.