Department Stores

Saudi PIF and Kering eye Selfridges stake

The Central Group and interested parties are said to be waiting for a full outcome regarding Signa’s collapse before moving on a potential deal, with a potential stake said to be valued around £2bn

Saudi Arabia’s Public Investor Fund (PIF) and Gucci owner Kering are reportedly considering a stake in luxury department store Selfridges as its co-owner continues to struggle with its financing, according to The Telegraph

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