The Public Investment Fund of Saudi Arabia Invests Heavily in Carnival Corp


The Public Investment Fund of Saudi Arabia Invests Heavily in Carnival Corp
The Public Investment Fund of Saudi Arabia Invests Heavily in Carnival Corp

The Kingdom of Saudi Arabia has decided to heavily invest in Carnival Corporation (NYSE: CCL). The Public Investment Fund of Saudi Arabia will purchase a staggering 43.5 million shares of the  cruise company giving it an 8.2% stake in Carnival.

Carnival Corp owns Carnival Cruises, Princess Cruises, Holland America, Costa, AIDA, Seabourn Cruises and Cunard to name a few.

 
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