One of Liberty London’s major investors is exploring options for a potential sale of its stake in the business, according to Sky News.
BlueGem Capital Partners is said to be looking for around £300 million for its stake in the famous department store, which is located just off of Regents Street.
BlueGem paid £40 million for the retailer back in 2010.
BlueGem doesn't own all of Liberty, after reducing its stake in 2014 by selling an interest to what it said were “prominent and well-established international families from Europe and the Middle East.”
Sky News reported that BlueGem currently own around 40% of Liberty’s shares.
