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House of Fraser
House of Fraser
NEWS
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Conglomerate Sanpower Runs Into More Trouble Repaying Its Debts
Debt-ridden company failed this week to make a $87.7 million payment due to bond investors
Jul.3 2019 21:27 PM
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A Chinese Dream of U.K. High Street Success Becomes a Nightmare
Despite founder’s ambitions, Sanpower didn’t have the capital, expertise needed to revive House of Fraser
Sep.21 2018 13:07 PM
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Regulators Set Up Committee to Save Debt-Ridden Conglomerate
Privately owned Sanpower sinks deeper into crisis with borrowings of $9.2 billion and creditors circling
Sep.7 2018 20:11 PM
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Chinese Owner of U.K.’s Storied House of Fraser Sees Foundations Crumble
Nanjing Xinjiekou has to liquidate bankrupt subsidiaries after equity sale deal collapses
Aug.14 2018 19:59 PM
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Britain’s House of Fraser Sold Out by Chinese Owner
Sale comes just four years after real estate conglomerate Sanpower paid $666 million for historic British chain
Mar.8 2018 17:46 PM

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