Extremely Wealthy
Chinese tycoon in talks over 165-year-old British department store chain purchase
House of Fraser, the 165-year-old British department store chain, could be sold to one of China's richest men rather than floated on the London stock market. Sanpower, a conglomerate controlled by multimillionaire and former Chinese government official Yuan Yafei, has offered to buy the historic British chain for £450m, according…
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Click here to read the full story: The Guardian