Saudi wealth fund buys 40% stake in Arnotts and Brown Thomas owner
It comes after Austrian real estate conglomerate Signa, which had co-owned Selfridges with Thai firm Central, collapsed into insolvency last year.
Saudi swoop on two iconic Irish department stores as wealth fund that owns Prem team & UK airport snaps up stake
SAUDI Arabia has swooped on Brown Thomas and Arnotts. The Kingdom’s sovereign wealth fund has scored a 40 per cent stake in the company behind the top Irish department stores. Saudi Arabia’s
Saudi Buys Chunk Of Department Store Group Selfridges
Saudi Arabia's sovereign wealth fund said it will buy 40 percent of luxury department-store group Selfridges following the collapse of Austrian conglomerate Signa.
Saudi wealth fund buys 40% stake in Selfridges
It comes after Austrian real estate conglomerate Signa, which had co-owned Selfridges with Thai firm Central, collapsed into insolvency last year.
Saudi wealth fund buys 40% of iconic department store Selfridges
Saudi Public Investment Fund (PIF), controlled by Crown Prince Mohammed bin Salman, has bought 40 per cent of shares in Selfridges after the collapse of Austrian conglomerate Signa.
Selfridges: Saudi Arabia’s PIF invests in department store group
Saudi Arabia’s Public Investment Fund (PIF) is now a joint owner of the business behind upmarket department store chain, Selfridges, it has been confirmed. Thai investor Central Group has announced a deal which will see it own 60 per cent of the group’s operating and property companies,
Saudi Arabia’s PIF acquires 40% stake in Selfridges Stores
The deal includes new investment by both PIF and Central to strengthen Selfridges Group’s position and support future development
Norway wealth fund ends observation of Malaysia's Supermax, two others
Norway's sovereign wealth fund has ended observation of Supermax Bhd, two years after placing the Malaysian medical glove maker under watch over allegations that the company was contributing to human ...
Capital Public Radio8d
Is an American sovereign wealth fund such a bad idea?
Sovereign wealth funds have been around since the 1800s, but they're having a bit of a moment right now ... The financial ...
Business Wire2d
Abu Dhabi Overtakes Oslo for Sovereign Wealth Fund Capital in Global SWF’s First City Ranking
Today, industry specialist Global SWF published a special report announcing a new global ranking of cities according to the ...
Abu Dhabi wealth fund writes off 9.9% stake in struggling Thames Water, FT reports
Abu Dhabi's sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% stake in ...
Man Group Mandate With Australia Wealth Fund Drops by $1 Billion
Australia’s sovereign wealth fund’s giant mandate with hedge fund firm Man Group Plc fell by about A$1.5 billion ($1 billion) ...
Abu Dhabi tops trillion-dollar sovereign wealth league, ahead of Oslo and Singapore
SINGAPORE – Abu Dhabi has claimed the top spot in a new global ranking of cities based on the capital managed by their ...
Norway to raise wealth fund spending to $43 bln in 2025
Norway's minority government said on Monday it plans to raise spending in 2025 from the country's $1.8 trillion sovereign ...
Zambia Plans to Launch Sovereign Wealth Fund in 2025
Zambia will establish a sovereign wealth fund next year to build a rainy day cushion to shield the southern African nation ...