23. After 6 Years, Prince Waleed Finally Wins in Telco (Almost) – Bids $950M for Zain Saudi

On Tuesday, Prince Waleed, whom Forbes labeled the “Prince of deals”, lived up to his name and made an apparently successful $950M bid (in partnership with Bahraini Batelco) for Zain’s Saudi mobile business. It was the culmination of an over six year effort to break into the Saudi telecommunications business. The joint bid, which has […]

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