Aramco to Acquire Sabic Stake for $69B

The transcript discusses Aramco's acquisition of a 70% stake in SABIC for $69.1 billion, highlighting the strategic benefits for Aramco in diversifying away from oil and preparing for a potential IPO. It also explores the negotiation challenges between Aramco and PIF, the latter's investment strategy, and its ability to quickly deploy large sums of money into high-profile investments like the Vision Fund, Tesla, and Uber.

What has been PIF's approach to investments in recent years?

What are some of the large investments made by PIF mentioned in the text?