Saudi Arabia - Alat, a unit of Saudi wealth fund PIF, today (February 24) entered into an agreement with TK Elevator (TKE), a global leader in vertical transportation and urban mobility, for setting ...

Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in Germany's TK Elevator and unveiled a $160 million joint venture for elevators and escalator solutions, the companies said on ...

Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will make escalators and moving walkways, as the kingdom looks to boost ...

(This Feb. 24 story has been corrected to say 160 million euros, not $160 million, in paragraph 1) (Reuters) - Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in Germany's ...

Feb 24 (Reuters) - (This Feb. 24 story has been corrected to say 160 million euros, not $160 million, in paragraph 1) Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in ...

Saudi Arabia’s new advanced industries firm Alat has bought a 15% stake in Germany’s TK Elevator and unveiled a 160 million euros ($166.62 million) joint venture for elevators and escalator ...

In a statement, Alat said the JV will bring mobility products, solutions and manufacturing to Saudi Arabia, supported by a local product development center. Alat will also become a direct TKE ...

Saudi Tech Firm Alat Buys 15% Stake in Germany's TK Elevator (February 24) (This Feb. 24 story has been corrected to say 160 million euros, not $160 million, in paragraph 1) (Reuters ...

(This Feb. 24 story has been corrected to say 160 million euros, not $160 million, in paragraph 1) (Reuters) - Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in Germany's TK ...