Saudi Arabia's Public Investment Fund has bought a 49% stake in Rocco Forte's luxury hotel chain.
The £550bn deal values the chain of 14 hotels across Europe at £1.2bn.
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Saudi Arabia's Public Investment Fund has bought a 49% stake in Rocco Forte's luxury hotel chain.
The £550bn deal values the chain of 14 hotels across Europe at £1.2bn.
Want to read more? Enjoy a story a day for FREE for one month.