House of Fraser in takeover link

Press Association
Updated
Ireland, North, Belfast, Entrance to the House of Fraser department store on the corner of Victoria Street and Chichester St. Pa
Ireland, North, Belfast, Entrance to the House of Fraser department store on the corner of Victoria Street and Chichester St. Pa

%VIRTUAL-SkimlinksPromo%House of Fraser is in talks to be acquired by the French department store chain Galeries Lafayette, it was reported today.

The retailer, which has 61 stores in the UK and Ireland, is said to be looking for a price tag of at least £450 million, the Financial Times said.

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