Central Group leads Selfridges buyout in US$5 billion deal
Inside Retail
JANUARY 4, 2022
The Canadian wing of the billionaire Weston family bought Selfridges for nearly 600 million pounds in 2003. The conglomerate will be managed from a holding company in London, with the potential for an eventual stock exchange listing, although local management of the stores in other countries will remain, the source said.
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