Al Fayed sells Harrods

May 8, 2010

, LONDON, May 8 – Egyptian billionaire Mohamed Al Fayed has sold luxury London department store Harrods to Qatar Holding, the Gulf royal family\’s investment arm, Fayed\’s advisors Lazard said Saturday.

"The Al Fayed family trust, owners of Harrods, announce that they have today sold the Harrods Group to Qatar Holding," Lazard said in a statement.


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