Gulf Sovereign wealth funds eye Selfridges

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20 September 2021 à 10h14

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2 minutes

Publication: 20 September 2021 à 10h14

Reading time: 2 minutes

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Publication

20 September 2021 à 10h14

Reading time

2 minutes

Publication: 20 September 2021 à 10h14

Reading time: 2 minutes

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In the end of July 2021, the British department store operator Selfridges said it was considering a sale. Credit Suisse sent an information memorandum to potential investors. Selfridges operates 4 department stores in the UK, Brown Thomas and Arnotts in Ireland, De Bijenkorf in the Netherlands and Holt Renfrew in Canada. Several sovereign wealth funds such as Abu Dhabi’s Adia, Saudi Arabia’s Public Investment Fund and also the Qatar Investment Authority, which already owns the Harrods...

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