Philip Green is selling 12 Sears stores to Prudential for £60m.
The shops form part of a 100-outlet portfolio Green acquired when he bought Sears. The remaining units are expected to sell for £140m. Green has also emerged as a bidder for Everton FC.
In a separate deal, Safeway has made £75m from the sale of its Enfield superstore and its Brent Cross site.
The Times 08/11/99 page 27
The Daily Telegraph 08/11/99 page 26 (City Checklist)
