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Selfridges goes up for sale with eye-watering price tag

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Sign up to FREE email alerts from our Money Saving Club Newsletter Iconic department store Selfridges has gone up for sale, and it has an eye-watering price tag.

Selfridges’ billionaire owners, the Weston family, have launched a formal auction to sell the historic department store business.

It is understood that advisers at Credit Suisse will start looking for a buyer, with the company valued at as much as £4 billion.

They will send out information memoranda – documents used to pitch the target to potential bidders – to begin the process, which could be completed by the end of the year.

Read more on manchestereveningnews.co.uk
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