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Selfridges owners could sell the business for 5.67 billion dollars

10 days ago   |   By Fashion United

Selfridges
Department store group Selfridges is reportedly considering selling the business for 5.67 billion dollars.
Various reports revealed the Weston family has consulted advisers from Credit Suisse to explore the potential sale after receiving an unsolicited bid.
The sale of Selfridges would include branches located in Manchester and Birmingham along with Brown Thomas and Arnotts in Ireland.
The sale price also includes 2.83 billion dollars in property assets such as the historic flagship store on Oxford Street in London.
It's believed the buyer could be from China or the Middle East...
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Cryptocurrency Wallet Company Ledger Is Now Valued at $1.5 Billion USD

Cryptocurrency Wallet Company Ledger Is Now Valued at $1.5 Billion USD

10 days ago   |   By Hypebeast

French cryptocurrency hard wallet makers Ledger has just successfully landed $380 million USD in Series C funding. Now hitting unicorn status, the company is up to $1.5 billion USD in valuation compared to its $290 million USD valuation just two years ago. Ledger is one of the more popular hard wallets for cryptocurrency holders, having sold over three million units worldwide, along with being the company trusted in storing approximately 15 percent of all digital assets in the world. With this new funding, led by 10T Holdings, the company is now looking to expand into DeFi services and to...
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Selfridges Expected To Be on Sale for $5.7 Billion USD

Selfridges Expected To Be on Sale for $5.7 Billion USD

10 days ago   |   By Hypebeast

The billionaire dynasty behind the U.K.'s Selfridges & Co. , has reportedly been approached by a potential buyer to purchase the British department store group for $5.66 billion USD. The Weston family has supposedly asked Credit Suisse to advise the group on the future of the business, which includes its flagship emporium in central London 's Oxford Street. Other stores are located throughout Ireland under different names. Discussions regarding the sale are still at an early stage and may not even lead to a transaction. However, it does give the Selfridges empire an idea of a sale price...
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