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Sign in Sign up for a FREE subscriptionBluegem sells stake in London department store for £300m
Bluegem Capital has sold its entire 40 percent stake in Liberty London to Glendower Capital.
The deal is worth is approximately £300 million ($375 million).
A majority of existing Liberty investors, including BlueGem founder Marco Capello, who will remain as non-executive chairman, are holding on to their shares in the business.
The Tudor-style store on Great Marlborough Street in central London opened in 1924.
