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Asia s 20 Richest Families of 2024: Bloomberg Billionaires List

Asia s 20 Richest Families of 2024: Bloomberg Billionaires List
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The Thai takeover! Family worth $12 billion is now in charge of Selfridges as expert reveals how wealthy Bangkok firms are targeting British businesses to bring luxury western brands to Asia

Central Group, which is led by the founder s grandson Tos Chirathiva, has bought out its troubled Austrian co-owner Signa to take majority control of the historic retailer.

United statesUnited kingdomFrance generalNew yorkCity ofKrung thep mahanakhonSamrit chirathivatPolly arrowsmithPlaza ladpraoWanchai chirathivatVittorio radiceRene benkoWang buraphaJeremy pivenChris corbinKeng seng lee

Thai investor takes control of Brown Thomas and Arnotts from Austrian billionaire

Central Group acquires additional equity in company behind department stores, giving it majority control of the Selfridges group

United kingdomArndt geiwitzBrown thomasBrown thomas arnottsCambridge retail group holdingBijenkorf departmentIrish departmentAustrian signa holdingTiang chirathivat central groupCentral groupSelfridges groupThomas arnottsThai headquartered central groupRetail group holdingCambridge retailTiang chirathivat

Snapshot of trading performance by Brown Thomas and Arnotts since takeover shows work to be done

Accounts for parent group show Irish department stores made a loss from mid-August 2022 under new owners

United statesUnited kingdomBrown thomas arnottsBrown thomasGalen westonBenko signa groupCambridge retail group holding ltdTiang chirathivat central groupIrish departmentSigna groupTiang chirathivatCentral group

Owner of Brown Thomas, Arnotts records £124m loss

Department store portfolio was bought by René Benko’s Signa Group and Tiang Chirathivat’s Central Group for £4bn

United kingdomBritish virgin islandsBrown thomasJulius baerCentral groupSelfridges groupBenko signa groupFinancial timesCompanies houseCambridge retail group holdingTiang chirathivat central groupSigna groupTiang chirathivatSan simeon investmentsCambridge retailFinancial times limited

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