Harrods, the world famous department store in Knightsbridge, London has been sold by the mercurial Mohamed Al Fayed to Middle Eastern investors for around £1.5bn. The sale to the Qatari royal family’s Qatar Holding group was confirmed today after months of on-off negotiations brokered by the leading City banker Ken Costa, the chairman of Lazard [...]
‘Harrods is not for sale’ – but no comment on talks with Qataris
March 31, 2010 By Leave a Comment
For the right price you can buy anything from Harrods. Staff at the Knightsbridge store are said to have procured everything from a baby elephant to an alligator for its ultra-wealthy clientele. Today, however, its colourful owner, Mohamed Al Fayed, drew the line at selling the store itself, insisting the London landmark “is not for [...]
Recent Comments