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Announced

C.Banner International Holdings acquired 51% interest in House of Fraser Group Limited from Cenbest (Hong Kong) Company Limited.

Synopsis

C.Banner International Holdings, an investment holding company, acquired House of Fraser Group Limited, owns and operates department stores, from Cenbest (Hong Kong) Company Limited, an investment holding company. C.Banner International Holdings acquired 51% interest. The total value of the transaction is undisclosed.

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