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If the Saudi government thought that the company was a good investment, they would invest in it themselves and reap all the rewards, even if it meant they had t
by nostromo 10y ago
If the Saudi government thought that the company was a good investment, they would invest in it themselves and reap all the rewards, even if it meant they had to print currency to do so. In other words, they'd continue doing what they've done all along.
Instead this seems like an "exit" event. A way to sell at the top and use the funds from the greater fools for other means.
- deleted 10y ago[deleted]
- tw04 10y agoIt's a way to diversify their investments for the long-term health of their country. They need other sources of income...