Selfridges sold as part of £4bn deal

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Selfridges sold as part of £4bn deal
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Deal with Thai and Austrian firms includes the four UK stores and raises hopes for Oxford Street redevelopment

The family owners of Selfridges have sold out to a Thai retailer and an Austrian property company for an estimated £4bn in a deal which sees the return of the luxury department store’s former boss Vittorio Radice.

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