Baugur to buy House of Fraser 25. ágúst 2006 10:59 House of Fraser, Baugur Group Baugur Group through its daughter company BG Holding and other investors has reached an agreement with British chain House of Fraser on its purchase. The take over bid was announced yesterday for 148 pence per share which equals a total purchase price of 60 billion ISK. The offer was made under the name of Highland Acquisitions Limited, a company owned by Baugur, Don McCarthy, West Coast Capital, Kevin Stanford, Stefan Cassar and Halifax Bank of Scotland. FL Group yesterday announced their plans to join the venture, with 13,9 percent of shares in Highland and a seat on the board. If the purchase goes forth as planned it will be valid from November 8 following a shareholders meeting on October 2. The take over has been covered in the British press, and the Financial Times says that this is Baugur Group's largest investment in Britain so far. News News in English Mest lesið Gera loftárásir á háhýsi og vara við yfirvofandi innrás Erlent Gefa grænt ljós á handtökur á grundvelli kynþáttar og málnotkunar Erlent Opinbera bréf Trumps til Epsteins Erlent Kínversk ferðaskrifstofa fær ekki áheyrn hjá Hæstarétti Innlent Verið ættleiddur af Íslendingum Innlent Ruddust inn til manns og mölbrutu í honum tennurnar Innlent Boða 157 mál á 157. löggjafaþingi og hér er það helsta Innlent Svona var kynning ríkisstjórnar á þingmálum vetrarins Innlent Ekki útgangspunktur að beita ákvæðinu Innlent Reyksprengju kastað inn á pall í Hafnarfirði Innlent
Baugur Group through its daughter company BG Holding and other investors has reached an agreement with British chain House of Fraser on its purchase. The take over bid was announced yesterday for 148 pence per share which equals a total purchase price of 60 billion ISK. The offer was made under the name of Highland Acquisitions Limited, a company owned by Baugur, Don McCarthy, West Coast Capital, Kevin Stanford, Stefan Cassar and Halifax Bank of Scotland. FL Group yesterday announced their plans to join the venture, with 13,9 percent of shares in Highland and a seat on the board. If the purchase goes forth as planned it will be valid from November 8 following a shareholders meeting on October 2. The take over has been covered in the British press, and the Financial Times says that this is Baugur Group's largest investment in Britain so far.
News News in English Mest lesið Gera loftárásir á háhýsi og vara við yfirvofandi innrás Erlent Gefa grænt ljós á handtökur á grundvelli kynþáttar og málnotkunar Erlent Opinbera bréf Trumps til Epsteins Erlent Kínversk ferðaskrifstofa fær ekki áheyrn hjá Hæstarétti Innlent Verið ættleiddur af Íslendingum Innlent Ruddust inn til manns og mölbrutu í honum tennurnar Innlent Boða 157 mál á 157. löggjafaþingi og hér er það helsta Innlent Svona var kynning ríkisstjórnar á þingmálum vetrarins Innlent Ekki útgangspunktur að beita ákvæðinu Innlent Reyksprengju kastað inn á pall í Hafnarfirði Innlent