Selfridges sale

Selfridges sale

East squares up to west in battle for Selfridges

GLASGOW could face further frustration in its attempts to commit Selfridges to opening in the city. Edinburgh is making moves to lure the department store to the capital.

Lane Fox set to lead Selfridges

LASTMINUTE.COM founder Martha Lane Fox is believed to be poised to become the new head of upmarket department store group Selfridges.

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Weston moves closer to Selfridges deal

OXFORD Acquisitions, the bidding vehicle of Canadian businessman Galen Weston, said it has moved closer to completing its £598 million bid for department store Selfridges.

Selfridges offer is extended

OXFORD Acquisitions, the bidding vehicle of Canadian businessman Guy Weston who has agreed a takeover of upmarket department chain Selfridges, has announced an extension to its offer to June 19.

Iranian tycoon prepares fresh Selfridges bid

IRANIAN property tycoon Robert Tchenguiz is preparing to renew hostilities in the battle for the Selfridges department stores chain only days after losing out to an agreed takeover offer from a Canadian billionaire, Galen Weston.

Tycoon's bid for Selfridges falters as backer drops out

IRANIAN property tycoon Robert Tchenguiz’s battle to gain control of Selfridges, the department store chain, weakened yesterday as it emerged that one of his main backers, Bernie Ecclestone, has withdrawn his support.

What's in store for Selfridges?

GALEN Weston is reckoned to be the closest thing to royalty in his native Canada. Not bad for a commoner billionaire who lets it be known that he shares a life-long love of polo with Prince Charles and keeps not one, but two houses in Windsor.

Hunter vehicle sells Selfridges' stake

SCOTTISH entrepreneur Tom Hunter’s West Coast Capital investment vehicle has sold off its 3 per cent-plus stake in department store Selfridges, making a profit of just over £8 million, it was confirmed last night. A spokesman for Hunter said that 4.56 million shares had been sold on Tuesday, raising a total of £18m at an average price per share of about £4.

Selfridges upbeat after 8% sales rise

UPMARKET department store Selfridges today said it was confident about its prospects after seeing sales rise by eight per cent in the 14 weeks since the start of February.

Weston agrees £598m for Selfridges

CANADIAN billionaire Galen Weston yesterday swooped to pick up Selfridges, one of the iconic names of retailing, with an agreed near-£600 million takeover bid - leaving rival bidder Scottish entrepreneur Tom Hunter disappointed again.

Third time unlucky as Hunter bid fails

SCOTTISH entrepreneur Tom Hunter today saw a third retail takeover bid end in failure after target Selfridges was offered to a Canadian billionaire.

Selfridges set to announce preferred bid

SELFRIDGES, the up-for-sale department store, might name a preferred bidder as soon as this morning after directors held an emergency board meeting to consider takeover offers last night.

Hunter facing defeat in Selfridges bid

TOM Hunter, the retail entrepreneur, was refusing to accept defeat in the battle for Selfridges this weekend despite market expectations that the Canadian billionaire Galen Weston will be named preferred bidder tomorrow.

D-Day for Selfridges

THE deadline for bids for Selfridges, the upmarket department store, ends today and chief executive Peter Williams is believed to be eyeing a management buyout.

Tom Hunter first off the blocks in Selfridges race

SCOTTISH retail entrepreneur Tom Hunter looks set to get a head start in the auction for the department stores group Selfridges when advisers at Merrill Lynch close the formal bidding process tomorrow.

Hunter faces at least three rivals in Selfridges bid

TOM Hunter, the retail entrepreneur, is facing at least three challengers to his bid to buy department store group Selfridges.

Hunter ups the stakes in the race for Selfridges

THE race for Selfridges hotted up yesterday as it was revealed that Tom Hunter, the Ayrshire entrepreneur, had tabled an offer which is understood to value the upmarket department store group at up to £525 million, or 340p per share.

Hunter ups the stakes in battle for Selfridges

SCOTTISH entrepreneur Tom Hunter has lodged a bid in excess of £500 million for upmarket department store Selfridges, it has emerged.

Hunter snaps up £15m Office chain

TOM Hunter, the Scottish entrepreneur, has snapped up another retail chain as industry sources insist he is still considering a bid for Selfridges.

Selfridges up as news of bid digested

SHARES in Selfridges, the High Street giant understood to be facing a bid from Scottish entrepreneur Tom Hunter, rose 2 per cent, or 7p, to 334p yesterday, as investors reacted to speculation that Canadian billionaire Galen Weston had entered the takeover fray.

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