Kingdom Holding Participates in the Euro Disney recapitalization by injecting €49.2 Million.

Prince-Alwaleed-Grandchildren-at-Euro-Disney-Paris-Nov-2015

The Kingdom Holding Company confirmed today (18 November 2015) that they have fully participated in the Euro Disney S.C.A. Cash Tender Offer and Anti Dilution Mechanism as part of the  recapitalization rights issue.

The Saudi Arabian based Kingdom Holding Company chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud  has injected an additional investment of €49.2 million by taking part in the  Euro Disney S.C.A. financial recapitalization plan  and therefore The Kingdom Holding Company maintains its 10% share of  Disneyland Paris.

Kingdom Holding Company with it’s 10% share is now the resorts second largest shareholder after The Walt Disney Company which now owns 76.7% of Disneyland Paris.

Source: Kingdom Holding Company

 

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