Saudi prince Alwaleed buys Toronto Four Seasons for $200 million
Skift Take
Kingdom Holdings already holds a 47.5 percent stake in Four Seasons parent, and is increasing its footprint with this deal, as it continues to buy other upscale luxury properties and companies worldwide.
Saudi Arabia's Kingdom Holding, the investment vehicle of Prince Alwaleed bin Talal, said on Saturday it had completed a deal to buy the Four Seasons Toronto in Canada for $200m.
In a statement to the Saudi bourse, the investment firm said the transaction was funded by a mortgage loan of $130m and $70m from the company's own resources.
The Four Se
