Thai Central Group signed a four-price-money deal in a few days for Selfridges

Thai Central Group signed a four-price-money deal in a few days for Selfridges ...

The largest department store owner, Central Group, is just a few days away from closing a 4 billion pound ($5.31 billion) acquisition of Selfridges stores in the United Kingdom. Two sources familiar with the matter told Reuters.

The source said an official announcement could happen as early as Thursday.

The current owners of Selfridges, Canadian's Weston family, agreed terms with Central around the end of November, according to the Times report on Dec. 2.

The main retail store, Central Retail Corp Pcl, who made up a partial stake of Selfridges, was still considering.

Central Group didn't respond to the Reuters request for comment, while Selfridges didn't respond quickly to the request for comment.

The central group has the fortune of the billionaire Chirathivat family since 2011 presence in Europe. This last year, it the Swiss luxury department store Globus, and others real estate partnered with Signa - to acquire a value of $1 billion.

The company also operates a restaurant in Vietnam on the same route as the one in Spain.

(1 dollar = 2,000 000 pounds).

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