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Thai conglomerate Central Group to co-own high-profile retailer with Saudi Public Investment FundBusiness live – latest updatesSaudi Arabia’s sovereign wealth fund has bought a stake in the upmarket department store Selfridges in its latest move on a high profile British asset.The Saudi Public Investment Fund (PIF) said it had signed a deal to buy a 40% stake in the loss-making retailer for an undisclosed sum. Continue reading…
Thai conglomerate Central Group to co-own high-profile retailer with Saudi Public Investment Fund
Business live – latest updates
Saudi Arabia’s sovereign wealth fund has bought a stake in the upmarket department store Selfridges in its latest move on a high profile British asset.
The Saudi Public Investment Fund (PIF) said it had signed a deal to buy a 40% stake in the loss-making retailer for an undisclosed sum.