Saudi-based Kingdom Holding Company (KHC) has announced that one of its affiliates has sold half of its shareholding in Four Seasons Hotels and Resorts to a unit of Cascade Investment, its long-term investment partner, for SR8.29 billion ($2.21 billion).
Travel, Tourism & Hospitality Kingdom Holding unit sells 50pc Four Seasons stake for $2 2bn ttnworldwide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttnworldwide.com Daily Mail and Mail on Sunday newspapers.