Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a 49% stake in Rocco Forte Hotels, a move that not only injects significant capital into the luxury hotel group but also supports its expansion plans. The purchase, reported by the Financial Times, values Rocco Forte Hotels at approximately £1.4 billion … Continue reading Saudi Arabia’s PIF Expands Portfolio with 49% Stake in Rocco Forte Hotels
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