Prince Alwaleed Bin Talal purchases a $300m stake in the social media company, which follows a bumper fundraising in August this year.
Alwaleed Bin Talal, a Saudi Arabian prince, has invested $300m in US-based social media company Twitter.
Kingdom Holding, the company of Prince Alwaleed, said in a statement the investment had followed several months of negotiations. It is unclear if the latest investment is an injection of fresh funds into Twitter or a secondary market investment.
The deal follows Russian venture firm Digital Sky Technologies (DST) reportedly investing $400m in Twitter in August as part of an $800m funding round.…
