Retailer to revamp staff office space ahead of 40 Duke launch next year
Real estate write-down pushes holding company firmly into the red
The Thai group has converted a €364m loan into equity to take control
Turnaround specialist Arndt Geiwitz will chair the €27bn Selfridges co-owner
A restructuring plan for Signa could see it sell its Selfridges stake
The group MD will depart when the sale to Central Group and Signa Holdings is completed
The duo want to get the £4bn deal over the line this week
Terms believed to have been agreed and both sides keen to close deal by Christmas
Central Group is working up a £4bn-plus bid with advisers from Citi
The sovereign wealth fund is thought to have pipped Adia and Lane Crawford