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

Financials

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Transaction Value-

Consideration Type-

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

bidder

C Banner International Holdings

target

House Of Fraser Group

vendor

Cenbest Company

Sources

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Tags

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department stores

Pending

United Kingdom

Single Bidder

Private

Acquisition

department store operator

Friendly

Majority

Commercial REITs

Synopsis

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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.

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

bidder

target

vendor

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