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10 Nov
06:47

Saudi fund PIF may invest $250 million in Human Horizons

Saudi Arabia’s Public Investment Fund (PIF) is said to be mulling a $250 million investment in Shanghai-based Chinese autonomous driving and electric vehicle firm Human Horizons. According to Arabian Gulf Business Insight, details of the deal are still being negotiated, and neither side has made a final call. An agreement could be reached as early as this year, it suggests. The Chinese manufacturer could be valued at $3 billion, in a potential attempt by …
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