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Tag Archives: M&A rumours

Is Harrods up for sale?

A good contact of mine told me the other day that Mohammed Al-Fayed wished to sell Harrods.   Some kind of marketing process was underway with a £2bn sticker price.  The business apparently makes about £50m EBIT (haven’t checked this) but has a complicated structure.  It’s also clearly a trophy asset in good times. Not [...]