
UK: House of Fraser completes sale to Nanjing Cenbest
The sale of UK department store retailer House of Fraser to the Shanghai-listed retail arm of Chinese conglomerate Sanpower Group for GBP480m (US$791.9m) has been completed.

The sale of UK department store retailer House of Fraser to the Shanghai-listed retail arm of Chinese conglomerate Sanpower Group for GBP480m (US$791.9m) has been completed.