Saudi Prince Alwaleed bin Talal optimistic about Twitter investment: CNBC

FAN Editor
FILE PHOTO: Saudi Arabian Prince Al-Waleed bin Talal arrives at the Elysee palace in Paris
FILE PHOTO: Saudi Arabian Prince Al-Waleed bin Talal arrives at the Elysee palace in Paris, France, to attend a meeting with French President, September 8 , 2016. REUTERS/Philippe Wojazer

October 23, 2017

RIYADH (Reuters) – Saudi Prince Alwaleed bin Talal, who owns investment firm Kingdom Holding, said in an interview with CNBC on Monday that he was optimistic about his investment in Twitter.

“It’s not going to be easy because they face some difficulties, but our entry point was very reasonable, so right now it’s holding on a breakeven point,” he said.

(Reporting by Katie Paul; Editing by David Goodman)

Leave a Reply

Next Post

Cisco to buy BroadSoft in $1.9 billion deal

A newly installed phone made by Cisco is shown in San Diego, California, U.S., April 17, 2017. REUTERS/Mike Blake October 23, 2017 (Reuters) – Cisco Systems Inc <CSCO.O>, the world’s largest networking gear manufacturer, said it will buy U.S. telecommunications software company BroadSoft Inc <BSFT.O> in a deal valued at […]