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Saudi Arabia $930 Billion Sovereign Wealth Fund Public Investment Fund (PIF) to buy 40% of Department Store Selfridges from Austria Billionaire Rene Benko Insolvent Signa Group with Thailand Retail Conglomerate Central Group Currently Owning 60%, Both PIF & Central Group to Inject New Capital into Selfridges after Transaction, Founded by Harry Gordon Selfridge in 1908 & Opened to Public in 1909
12th October 2024 | Hong Kong
Saudi Arabia $930 billion sovereign wealth fund Public Investment Fund (PIF) is buying 40% of department store Selfridges from Austria billionaire Rene Benko insolvent Signa Group with Thailand retail conglomerate Central Group currently owning the remaining 60%. Both PIF & Central Group will inject new capital into Selfridges after the transaction. Selfridges was founded by Harry Gordon Selfridge in 1908, and opened to public in 1909.
“ Saudi Arabia $930 Billion Sovereign Wealth Fund Public Investment Fund (PIF) to buy 40% of Department Store Selfridges from Austria Billionaire Rene Benko Insolvent Signa Group with Thailand Retail Conglomerate Central Group Currently Owning 60%, Both PIF & Central Group to Inject New Capital into Selfridges after Transaction, Founded by Harry Gordon Selfridge in 1908 & Opened to Public in 1909 “
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Saudi Arabia $930 Billion Sovereign Wealth Fund Public Investment Fund (PIF) to buy 40% of Department Store Selfridges from Austria Billionaire Rene Benko Insolvent Signa Group with Thailand Retail Conglomerate Central Group Currently Owning 60%, Both PIF & Central Group to Inject New Capital into Selfridges after Transaction, Founded by Harry Gordon Selfridge in 1908 & Opened to Public in 1909
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