Simpson Thacher & Bartlett and Linklaters have the lead roles on an $804 million deal that will see China’s Nanjing Xinjiekou Department Store Co. Ltd., or Nanjing Cenbest, acquire 89 percent of British department store chain House of Fraser.

Nanjing Cenbest, a subsidiary of conglomerate Sanpower Group, says it plans to open 50 House of Fraser stories in mainland China. The British company currently has 59 stores in the U.K., Ireland and Abu Dhabi.