By
This Is Money Reporter
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British High Street stalwart House of Fraser has been bought by a Chinese conglomerate in a deal that values the firm at more than £450million.
Nanjing-based Sanpower Group, headed by tycoon Yafei Yuan, has agreed to buy an 89 per cent stake in the 165-year-old ...
House of Fraser snapped up by Chinese conglomerate set to spend £80m revamping the British High Street stalwart
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