Kingdom Holding Company, the investment company owned by Saudi billionaire Prince Alwaleed bin Talal, offered to buy the shares it doesn’t already own in Kingdom Hotel Investments, valuing the lodging firm at $843m. Kingdom Holding said its unit Kingdom 5-KR-211 offered $5 a share for a 44 percent stake in Kingdom Hotel, the Riyadh- based company said a statement Monday. The offer received approval from an independent committee at Kingdom Hotel.
