Is A Saudi Prince Looking To Own 3% Of Twitter?

Reports are circulating that a Saudi prince met with one of Twitter’s founders recently in a bid to acquire part of that founder’s shareholding in the company worth between $200 and $300 million.

Sky News is reporting that Saudi Arabia’s Prince Alwaleed bin Talal’s Kingdom Holding firm is eyeing a significant stake in Twitter.

According to the reports, the prince spoke with a Twitter co-founder about possibly acquiring some of his shares in the company. The shares would be worth approximately $300 million or about 3 percent of the overall company’s value.

No

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in