Riyadh-Mubasher: Kingdom Holding Co. (KHC) has set aside provisions to cover the difference between the selling price of its stake in Saudi Research and Marketing Group (SRMG) and sale returns, the company said in a statement to Tadawul on Tuesday.

It added that the deal will not have any financial impact on its financials.

The investment firm owned by business tycoon Prince Alwaleed bin Talal sold its 29.9% stake in SRMG at SAR 35 a share, totalling SAR 837.3 million.