Saudi wealth fund buys 40% stake in Selfridges department store

Saudi wealth fund buys 40% stake in Selfridges department store

Retail industry, Business, London, UK news Business | The Guardian

​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.

Continue reading… 

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