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

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George Charles Darley-Doran

George Charles Darley, a freelance journalist and consultant, with work in 30+ languages.
  • 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.

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