UK Store Harrods Sells For 2.25Bn
May 08, 2010 | admin | Comments 0
WORLD-FAMOUS department store Harrods has been sold, it was reported today. It has been sold by Mohamed al Fayed for $2.25 billion to a buyer understood to be the Qatari royal family, broadcasters reported.
Ken Costa, the chairman of Lazard International, the investment bank advising the family trust on the deal, had just confirmed the sale to him, though he declined to comment on the identity of the purchaser.
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