PIF Acquires 40% Shares in Upscale Department Stores Selfridges
The Selfridges Group operates 18 department store shops in three different countries.
Oct 08,2024
Saudi Arabia’s Public Investment Fund has become a 40% joint owner of the company behind the famed Selfridges department store chain.
The PIF will own the company jointly with Thai investor Central Group, which acquired a majority ownership in shares of the company in 2023. The PIF subsequently acquired the shares formerly owned by Benko’s Signa after that company ran into financial difficulties.
The Selfridges Group operates 18 department store shops in three different countries, namely Selfrdiges in the UK, De Bijenkorf in the Netherlands and Brown Thomas and Arnotts in Ireland.
- Previous Article Palestinian & Special Needs Students Receive Fee Waivers at Al-Azhar
- Next Article Nubian Escapes & Authentic Stays in Aswan
Related Articles
Trending This Week
-
Nov 09,2024 -
SceneNow TV
Events Calendar
