Selfridges recommend Weston takeover

Selfridges today announced it is recommending shareholders approve a fresh £598m (€832) takeover bid for the upmarket department store from Canadian billionaire Galen Weston.

Selfridges recommend Weston takeover

Selfridges today announced it is recommending shareholders approve a fresh £598m (€832) takeover bid for the upmarket department store from Canadian billionaire Galen Weston.

Mr Weston, who also owns Brown Thomas, emerged over the weekend as the favourite to win Selfridges’ hand with an offer thought to be worth £570m (€793m).

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