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Saudi Prince Buys Cordiant Stakes

Saudi Prince Buys Cordiant Stakes

Prince Alwaleed Bin Talal has bought a £17m stake in the global advertising group Cordiant. This represents a 3% stake in the company which is soon to be demerged. The Prince is reported to have said that he thought “the Cordiant management has done a very good job so far to improve the performance of the company.”

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