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Business |UPDATE Featured

House of Fraser confirms Hamleys owner is set to acquire 51 percent stake in group

London - Nanjing Cenbest, the parent company of House of Fraser Group Ltd. has confirmed that C.banner International, the Chinese owner of Hamleys iconic toy store chain, is set to acquire a 51 percent stake in department store group. The move sees C.banner becoming the majority shareholder of House of Fraser, with Nanjing Cenbest, part of the...

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