Saudi's Kingdom Holding sells 50% stake in Mauritius resort to JV partner
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Saudi’s Kingdom Holding sells 50% stake in Mauritius resort to JV partner

Saudi’s Kingdom Holding sells 50% stake in Mauritius resort to JV partner

Kingdom Holding, owned by Prince Alwaleed Bin Talal, sold its stake in Four Seasons Resort Mauritius to Sun Resorts.

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The hotel unit of Saudi Arabia’s Kingdom Holding has sold its 50 per cent stake in Four Seasons Resort Mauritius to its joint-venture partner Sun Resorts, the investment firm owned by billionaire Prince Alwaleed bin Talal said.

Kingdom Hotel Investments, a wholly owned subsidiary of Kingdom Holding, did not disclose the value of the deal in an emailed statement on Monday.


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