[ TRANSACTION RECORD ]

Public Investment Fund Investment in PIF Selfridges Stake — 2024

VERIFIED VECTOR ID: 002201 · tx-297
M SOURCE NODE — FUNDER
Public Investment Fund
Finance Saudi Arabia
$1,000,000,000
EQUITY
08/08/2024
Q DESTINATION NODE — RECIPIENT
PIF Selfridges Stake
SPV United Kingdom
Amount (USD)
$1.0B
Flow Type
EQUITY
Transaction Date
08/08/2024
Primary Source
View Filing ↗
Funder Profile [ M ]
Entity Public Investment Fund
AUM 925000
HQ Location Saudi Arabia
Sector Finance
Recipient Profile [ Q ]
Entity PIF Selfridges Stake
Entity Type SPV
Jurisdiction United Kingdom
Intelligence Note

The Public Investment Fund of Saudi Arabia agreed to acquire a 40 percent stake in Selfridges Group for 1 billion dollars to partner in the iconic luxury retail chain. This transaction involves owning prestigious real estate assets and leads in high-end consumer experiences. This deal illustrates the sovereign fund’s focus on high-profile global real estate and consumer platforms.

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Primary Forensic Source https://www.reuters.com/business/retail-consumer/saudis-pif-buy-40-stake-selfridges-central-group-2024-08-08/
✓ SOURCE LINKED