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  • Saudi sovereign wealth fund PIF sells McLaren stake to Bahrain

    The transaction will not lead to any new money being injected into McLaren, the Sky News report said, adding that an announcement from Mumtalakat on the deal will come on Thursday.

  • Blackstone overtakes Saudi Arabia's Public Investment Fund as top India investor on PE and sovereign fund table for 2021

    Blackstone overtakes Saudi Arabia's Public Investment Fund as top India investor on PE and sovereign fund table for 2021

    In 2021, Blackstone invested $4.9 billion in India, compared with $3.3 billion by PIF.

  • Big Story | Reliance Retail adds PIF to its list of Investors, to get Rs 9,555 crore for 2.04% stake

    Big Story | Reliance Retail adds PIF to its list of Investors, to get Rs 9,555 crore for 2.04% stake

    Saudi Arabia’s Public Investment Fund announced an investment of Rs 9,555 crore in Reliance Retail for a 2.04 percent stake.

  • PIF-Reliance Retail deal: Saudi fund to buy 2.04% in RIL unit for Rs 9,555 crore

    PIF-Reliance Retail deal: Saudi fund to buy 2.04% in RIL unit for Rs 9,555 crore

    The investment by PIF, a sovereign wealth fund, in Reliance Retail Ventures (RRVL) follows its earlier acquisition of 2.32% of Jio Platforms, the digital unit of Reliance Industries. RIL has so far sold 10.09% in RRVL for a total Rs 47,265 crore.

  • PIF-Jio deal | Record investor participation in Jio Platforms takes RIL to striking distance of net zero debt

    PIF-Jio deal | Record investor participation in Jio Platforms takes RIL to striking distance of net zero debt

    Jio Platforms has raised Rs 1,15,693.95 crore from global investors so far

  • Jio-PIF deal: 5 key things to know about PIF's investment in Jio Platforms

    Jio-PIF deal: 5 key things to know about PIF's investment in Jio Platforms

    This has pushed Reliance’s digital unit’s investment mop-up to over Rs 1.15 lakh crore.

  • Jio-PIF deal: Jio Platforms gets 11th investor as Saudi Arabia’s PIF joins rush for RIL unit

    Jio-PIF deal: Jio Platforms gets 11th investor as Saudi Arabia’s PIF joins rush for RIL unit

    PIF, one of the world’s largest sovereign wealth funds, will invest Rs 11,367 crore for 2.32 percent of Jio Platforms. Reliance digital unit has raised Rs 115,693.95 crore in exchange for a 24.7 percent stake from some of the world’s top technology investors in 9 weeks.

  • Apple in talks to invest $1 bn in SoftBank tech fund: Source

    Apple in talks to invest $1 bn in SoftBank tech fund: Source

    SoftBank is investing at least USD 25 billion in the fund and has been in talks with Saudi Arabia's Public Investment Fund (PIF) for an investment that could go up to USD 45 billion.

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