PIF forms partnership with Central Group in Selfridges
WEB3 days ago · PIF announced today that it will form a strategic partnership with Central Group, a leading retail, real estate and hospitality conglomerate, following PIF’s acquisition of a 40% interest in Selfridges Group. This transaction follows a binding agreement for the total buyout of Signa Group’s interest in Selfridges Group by PIF, and is subject to customary and applicable regulatory approvals.
Saudi Arabia’s PIF to Take 40% Share in Selfridges Stores
WEB2 days ago · The PIF will take a 40% stake in both the property and operating businesses of Selfridges, according to an emailed statement from current co-owner Central Group. The Thai retail conglomerate will ...
Saudi Arabia’s PIF to Take 40% Share in Selfridges Stores - Yahoo …
WEB2 days ago · The PIF will take a 40% stake in both the property and operating businesses of Selfridges, according to an emailed statement from current co-owner Central Group. The Thai retail conglomerate will ...
Saudi Arabia’s PIF acquires 40% stake in Selfridges Stores
WEB2 days ago · PIF already held a 10 per cent stake in Selfridges properties after a Signa unit syndicated out a portion of its 50 per cent stake to the Saudi sovereign wealth fund. The fund did not disclose the ...
Central Group forms a new partnership with PIF in Selfridges Group
WEB2 days ago · Central Group, a family-owned retail, real estate and hospitality conglomerate has announced today its new partnership with PIF following PIF’s total buyout of Signa Group’s interest in Selfridges Group. Completion of the transaction is subject to customary approvals. Under this new partnership, Central Group will own a 60% stake, while PIF ...
Saudi wealth fund buys 40% stake in Selfridges - RTÉ
WEB23 hours ago · The Saudi Public Investment Fund (PIF) will partner with current co-owners Thai-based Central Group to take control of the retailer. It comes after Austrian real estate conglomerate Signa, which ...
Thai Central Group brings Saudi fund PIF into Selfridges
WEB2 days ago · Central Group, owned by the Chirathivat family, said on Monday evening that it would now own 60 per cent of Selfridges Group’s operating and property companies, with the PIF owning the remainder.
Saudi Arabia acquires 40 per cent stake in Selfridges, partnering …
WEB2 days ago · Saudi Arabia’s Public Investment Fund (PIF) has acquired a 40% stake in Selfridges, joining forces with Thailand’s Central Group to secure ownership of the iconic London department store. The deal, which ends months of uncertainty surrounding Selfridges’ future, saw PIF purchase the stake from …
Saudi Arabia’s PIF takes 40% stake in Selfridges
WEB2 days ago · Saudi PIF takes Selfridges stake. Through this partnership, PIF will hold 40 per cent of both Selfridges Group’s operating and property companies, with Central Group owning the remaining 60 per cent. The deal includes new investment by both PIF and Central to strengthen the group’s position and support future development.
Saudi Arabia Public Investment Fund Takes Minority Stake in Selfridges
WEB2 days ago · October 7, 2024, 1:44pm. Selfridges on Oxford Street. Dave Benett. LONDON — Saudi Arabia’s Public Investment Fund, PIF, has taken a 40 percent stake in Selfridges, replacing Rene Benko’s ...
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