A pedestrian carrying a Selfridges bag crosses the street in London. According to Bloomberg, Austrian insolvency documents show Saudi Arabia's PIF has made a bid to increase its stake in Selfridges to 50 per cent. Photo by Hollie Adams / Getty Images
A pedestrian carrying a Selfridges bag crosses the street in London. According to Bloomberg, Austrian insolvency documents show Saudi Arabia's PIF has made a bid to increase its stake in Selfridges toShow more

Business

Saudi Arabia's PIF makes bid to increase stake in Selfridges

The Saudi wealth fund has made a cash offer that would boost its share in the upmarket UK retailer to 50 per cent, according to Bloomberg

Matthew Davies
Matthew Davies
London

July 21, 2024