Next and Frasers Battle for Harvey Nichols as UK Corporate Deal-Making Heats Up

Two of Britain's biggest retail titans went head-to-head on Tuesday as the bidding deadline closed for Harvey Nichols, with Next and Frasers Group both circling the ailing Knightsbridge department store. Hong Kong billionaire Sir Dickson Poon put the chain up for sale last month, seeking a buyer to upgrade its estate and drive international expansion. For FTSE 100 giant Next, a deal would extend CEO Lord Simon Wolfson's shopping spree beyond recent...