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Central Group leads Selfridges buyout in US$5 billion deal

Inside Retail

The Canadian wing of the billionaire Weston family bought Selfridges for nearly 600 million pounds in 2003. The source said they plan to increase sales to 8 billion euros ($9.1 With Selfridges, they hope to build a luxury department store empire, complemented by an online business. Benko made a name for himself as a property investor.