Saudi Arabia’s PIF Acquires 40% Stake in Selfridges Group Through Partnership with Thailand’s Central Group

• Central Group retains 60% stake as PIF diversifies its international investment portfolio
• Selfridges Group poised for growth with combined expertise of PIF and Central Group

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has forged a strategic alliance with Thailand’s Central Group, acquiring a 40% stake in luxury retailer Selfridges Group. The announcement, released by PIF on Monday, highlights a new chapter for the iconic brand.