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KHC to buy into MMG
- Saudi Arabia: Sunday, September 10 - 2006 at 09:08
The Kingdom Holding Company, the Saudi Arabian investment group, is to purchase a stake in the Dubai based Millennium Millionaire Group, reported Gulf News. KHC is looking to buy up to 40% of the firm which publishes the quarterly magazine, Millennium Millionaire, which focuses on luxury lifestyles. MMG's President Mohammed Al Jaber agreed to the sale at a recent meeting in Riyadh.
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Jonathan Sheikh-Miller, Deputy EditorSunday, September 10 - 2006 at 09:08 UAE local time (GMT+4)
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This article was updated on Tue Sep 12 2006.
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