Upmarket department store group Selfridges is put up for sale with a £4bn price tag
Selfridges could net its billionaire owners another £4billion after being put up for sale.
The upmarket department store group, founded by Harry Gordon Selfridge in 1908, is owned by the Canadian branch of the wealthy Weston family who have put it on the market.
Credit Suisse has been appointed adviser on the sale.
For sale: Selfridges, which owns more than 600,000 square feet of selling space at its store on London’s Oxford Street is owned by the Canadian branch of the Weston family
Selfridges owns more than 600,000 square feet of selling space at its flagship Oxford Street store in London.