(Bloomberg) Jared Kushner’s Affinity Partners is acquiring a $150 million minority stake in an Israeli car company, marking the first investment in Israel for the Miami-based private equity firm that is backed by Saudi Arabia’s sovereign wealth fund.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackHuawei Teardown Shows Chip
While the two nations have no official relations, direct investment from Saudi Arabia in Israeli-linked companies remains uncommon - Click the link for more details.
Kushner s Saudi-backed Affinity to acquire stake in Israeli firm spokesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spokesman.com Daily Mail and Mail on Sunday newspapers.
Kushner s Saudi-Backed Affinity to Acquire Stake in Israeli Firm themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.