selfridges reportedly agrees sale to thailands central group

Selfridges reportedly agrees sale to Thailand’s Central Group

Sumary of Selfridges reportedly agrees sale to Thailand’s Central Group:

  • The new owner of British luxury department store chain Selfridges has been revealed.
  • Selfridges has new owners Selfridges’ owners kicked off a formal auction for the company in the summer, calling in advisers from investment bank Credit Suisse to “imminently” send out information memoranda to prospective buyers.
  • Selfridges was founded in 1908 by Harry Gordon Selfridge and was purchased in 2003 by the Weston family in a 598 million pound deal.

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