Extremely Wealthy
Chinese Billionaire In Talks To Sell House of Fraser Stake To Hamleys Owner
The Chinese billionaire owner of House of Fraser is in talks to sell a stake in the department store chain, two years after buying it in a £480m deal. Sanpower, the Chinese conglomerate chaired by Yuan Yafei, bought House of Fraser in 2014 through its subsidiary Nanjing Xinjiekou, which operates…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: City AM