Italy Germany Thailand city Bangkok Denmark UPS Italy Germany Thailand city Bangkok Denmark

Selfridges owners in talks to sell to Thai conglomerate for £4bn

Reading now: 511

The family owners of Selfridges are in final talks to sell the luxury department store group to a Thai conglomerate for an estimated £4bn.Central Retail group, which already owns upmarket department stores in Italy, Germany and Denmark via a division run by the former Selfridges boss Vittorio Radice, is expected to finalise a deal before the end of the year.The group began with one store in Bangkok by Tiang Chirathivat in the 1950s and last year listed part of the business on the Thai stock

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.