2018-08-08 - skynews -  

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Saudi Arabia's Prince Alwaleed bin Talal has bought a 2.3% stake in Snap - the company behind Snapchat - for $250m (£193m). The billionaire, who was held for two months in a high-profile corruption crackdown, said he made the investment on 25 May. He paid about $11 (£8.51) a share.