Thai Billionaire Family’s Central Group, Austria’s Signa Buying British Retailer Selfridges

Central Group—controlled by the Chirathivat family, among Thailand’s richest—and Austrian partner Signa Holding have agreed to buy British retailer Selfridges & Co. from the Weston family of Canada. The equal partners are acquiring a portfolio comprising 18 department stores, including the flagship Selfridges store on Oxford Street, which has been…