Zain Saudi’s Sale Expected Two Months After Due Diligence
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The sale of Mobile Telecommunications Co. unit Zain Saudi Arabia will be completed two months after due diligence, according to Prince Alwaleed bin Talal, who’s buying a chunk of the company.
Due diligence may take as much as 45 days, Alwaleed, the Saudi billionaire who controls investment company Kingdom Holding Co., told reporters in Kuwait City today.