Weston closer to Selfridges purchase

Plans by Brown Thomas owner Galen Weston to land UK store group Selfridges appeared clear today after a potential rival pulled out of the running.

Plans by Brown Thomas owner Galen Weston to land UK store group Selfridges appeared clear today after a potential rival pulled out of the running.

Property tycoon Robert Tchenguiz, who had been given until today to confirm his intentions, will not table a takeover offer for the group.

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