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Management|UPDATE

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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Hamleys owner reportedly in talks to acquire stake in House of Fraser

London - C.banner International, the Chinese owner of Hamleys Toy chain, is said to be in discussion to acquire a stake in department store group House of Fraser according to a report. A statement released onto the Hong Kong Stock Exchange on April 24 said that C.banner entered into a memorandum of understanding with Nanjing Xinjiekou Department...

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