More bidders expected for Brown Thomas and Arnotts
The Weston family, who own the high-end retail outlets, have appointed Credit Suisse to handle the potential £4 billion sale
More bidders are expected to emerge over the summer for the Selfridges group and its Irish shops Brown Thomas and Arnotts, the Business Post understands.
An unsolicited approach from an unnamed buyer last month prompted the Weston family, who own the high-end retail outlets, to consider a surprise sale of the business. The Westons subsequently appointed Credit Suisse to handle the potential £4 billion sale.
That approach is still the only bidder, but...
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