Central Group completed the acquisition of the remaining 50% stake in Selfridges from Signa.

Central Group, a department store owner, completed the acquisition of the remaining 50% stake in Selfridges, a chain of upscale department stores, from Signa, a real estate company. Financial terms were not disclosed. Central Group converted a loan provided by one of its subsidiaries to the Selfridges Group into equity, which “solidifies’ it as an owner-operator of the largest European luxury department store group.