Deal with Central Retail group includes department stores in London, Birmingham and Manchester
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.
