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PIF to get controlling stake in interior design firm Depa: Reuters

DUBAI: The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, will take a controlling stake in interior design and speciality contractor Depa Plc by agreeing to buy 150 million dirhams ($40.84 million) worth of new shares, according to Reuters. The deal will allow the PIF to own 55 percent of the company, but the $480 billion fund may also exercise the purchase of a ....

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