Thai Central, Austria's Signa to take over British chain Selfridges in $5b deal

Thai Central, Austria's Signa to take over British chain Selfridges in $5b deal

A woman wearing a protective mask walks past a Selfridges store at Oxford Street, amid the coronavirus disease (COVID-19) outbreak, in London, Britain July 28, 2020. REUTERS/Hannah McKay

Luxury British store chain Selfridges is being sold to a Thai retailer and an Austrian property company in a deal that a source close to the matter said was worth around 4 billion pounds ($5.37 billion).