Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Saudi Arabia's PIF acquires 40% stake in Selfridges Group, partnering with Thailand's Central Group.

flag Saudi Arabia's Public Investment Fund (PIF) has purchased a 40% stake in Selfridges Group, which includes Dublin's Brown Thomas and Arnotts, alongside Thailand's Central Group. flag This acquisition follows Central Group's partnership shift from Austrian businessman René Benko. flag The investment aims to enhance Selfridges' financial stability and support growth, reflecting Saudi Arabia's strategy to diversify its economy beyond oil and strengthen its global presence.

34 Articles