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

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