By
Alex Brummer
|
China is increasingly becoming the buyer of last resort for British commercial assets.
The latest to fall under its control is the department store chain House of Fraser with a heritage that dates back to Glasgow in 1849.
Over the decades it absorbed most of the upmarket...
ALEX BRUMMER: China"s Sanpower Group buys 89% stake of iconic UK department store House of Fraser
Saturday, April 5, 2014
ALEX BRUMMER: China"s Sanpower Group buys 89% stake of iconic UK department store House of Fraser
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