U.K. broadcaster ITV Plc could raise at least 150 million pounds ($193 million) in the sale of it London headquarters along the River Thames, the Financial Times reported Sunday, citing people familiar with matter.
Debenhams Plc is in talks with landlords to negotiate rent cuts as the U.K. department-store chain seeks to ease the burden of its store portfolio, FT reported, citing unidentified people familiar with the matter.
Values of U.K. shopping centers and high street stores could be reduced significantly after property agents were told to reflect the seismic changes sweeping the retail industry, the Sunday Times reported.
Thomas Cook Group Plc will build two new hotels in China with its joint venture partner Fosun International Ltd., including the first Asian branch of its own Casa Cook brand.
Casino Guichard-Perrachon SA agreed to sell six loss-making Géant hypermarkets across France to current grocery-market leader Groupement E. Leclerc for 100.5 million euros ($114 million.)
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