Saudi Arabia has invested in Selfridges in a new partnership with Central Group
Selfridges majority owner Central Group has announced a new partnership with Saudi Arabia’s Public Investment Fund (PIF) and confirmed the total buyout of Signa Group’s interest in the business.
Thai retailer Central Group will own 60% of Selfridges Group after the buyout and PIF will own the other 40% of the department store, including its operating and property businesses.
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