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News Forum - Selfridges’ Thai owners take on 70 billion baht debt

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Central Group, Selfridges’ Thai owners along with Austrian enterprise Signa Holdings, have taken on another £1.7 billion (US$ 2 billion, 70 billion baht) of debt in a strategy to increase investment returns.   The London branch of Bangkok Bank provided the loan, secured against the lease on the retailer’s London flagship store. Selfridges’ Thai owners …

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