Kingdom Holding ups investment in Hercules Capital by SAR 274.3 mln

09/05/2023 Argaam

Kingdom Holding ups investment in Hercules Capital by SAR 274.3 mln

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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