Saudi’s Public Investment Fund (PIF) To Acquire Minority Stake In Rocco Forte Hotels ...Middle East

Rocco Forte Hotels (the group) is pleased to announce that the Public Investment Fund (PIF) has entered into a definitive agreement to acquire a significant minority stake in the group. The Forte family will retain majority ownership and control. The arrangement sees the Italian entity CDPE Investimenti (CDPEI) selling its entire stake.

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