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 Drápu tvo blaðamenn og tvo tökumenn vísvitandi Erlent Sæti Artúrs logar Erlent Tveir leigubílstjórar sviptir ökuréttindum við Keflavíkurflugvöll Innlent „Eins og það væri verið að segja mér að ég ætti tvo mánuði eftir ólifað“ Innlent Tíu metra djúp hola í ísnum á vinsælli gönguleið Innlent Fjórir karlmenn stálu Labubu í tugatali Erlent Fundur Selenskí, Pútíns og Trump á næsta leiti Erlent Eiganda Trump Burger verður sparkað úr landi Erlent Furðar sig á viðvaningshætti í Washington og segir fundinn óþarfan Erlent Bláa lónið varar ferðamenn við óprúttnum leigubílstjórum 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 Drápu tvo blaðamenn og tvo tökumenn vísvitandi Erlent Sæti Artúrs logar Erlent Tveir leigubílstjórar sviptir ökuréttindum við Keflavíkurflugvöll Innlent „Eins og það væri verið að segja mér að ég ætti tvo mánuði eftir ólifað“ Innlent Tíu metra djúp hola í ísnum á vinsælli gönguleið Innlent Fjórir karlmenn stálu Labubu í tugatali Erlent Fundur Selenskí, Pútíns og Trump á næsta leiti Erlent Eiganda Trump Burger verður sparkað úr landi Erlent Furðar sig á viðvaningshætti í Washington og segir fundinn óþarfan Erlent Bláa lónið varar ferðamenn við óprúttnum leigubílstjórum Innlent