Saudi sovereign wealth fund says JLL to acquire 'significant' stake in FMTECH
15/12/2025 15:51
CAIRO, Dec 15 (Reuters) - Saudi Arabia's public wealth fund PIF said on Monday that Global real estate firm Jones Lang LaSalle JLL.N is set to acquire a significant stake in its subsidiary Saudi Facility Management Company (FMTECH). The PIF will maintain a majority stake in FMTECH, it said. (Reporting by Jaidaa Taha and Menna Alaa ElDin Editing by Tomasz Janowski) ((Jaidaa.Ahmad@thomsonreuters.com;))
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