House of Fraser sale to Nanjing Xinjiekou completes Tuesday, 2nd September 2014
Yuan Yafei, chairman of Sanpower Group, the largest shareholder of Nanjing Cenbest, said he was “delighted” to complete the purchase of House of Fraser on Tuesday, adding: “It is an unprecedented transaction and the largest acquisition of a foreign retailer by a Chinese listed company."
Investors sell supermarket shares as fears for Tesco's future mount Tuesday, 2nd September 2014
Investors are ditching supermarket stocks as fears concerning Tesco’s future, and the effects the beleaguered supermarket will have on the deepening price war, escalate.
Iceland return to public markets Monday, 1st September 2014
Retailer Iceland are to report to bondholders their first quarterly trading update this month, following the completion of a £950 million refinancing that saw the brand return to the public markets for the first time in almost ten years.
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