PIF in talks to invest $250m in Chinese EV company
- Date: 08-Nov-2023
- Source: AGBI
- Sector:Financial Markets
- Country:Saudi Arabia
PIF in talks to invest $250m in Chinese EV company
Saudi Arabia’s Public Investment Fund (PIF) is discussing investing $250 million in Chinese electric vehicle (EV) maker Human Horizons Group. The kingdom’s sovereign fund’s investment could potentially value the Shanghai-based company at $3 billion, Bloomberg reported, citing informed sources. An agreement is likely to be reached by year-end, but it could take longer as terms […]
Select Sector 
Select Country 
