Baugur buys House of Fraser 8. nóvember 2006 16:58 House of Fraser, Somerfield England Baugur and it‘s investors paid 77 billion kronur for all stocks in the British chain store House of Fraiser, the deal was finalized today. The offer which is 148 pence a share was accepted in the beginning of last month. Also involved in the buy is Don McCarthy who will be Chairman of the Board, FL Group, Tom Hunter, owner of West Coast Capital, Kevin Stanford, the founder of Karen Millen, Halifax Bank of Scotland through investment company Uberior and finally Stefan Cassar, former finance manager of Rubicon Retail who will be the financial manager of the new group. John King has been hired CEO of House of Fraser and will begin work early 2007; he has been CEO of the British chain Matalan since 2003. House of Fraser is a department store. They have 61 stores in Britain and 1 in Ireland. About 8000 people work at the company. News News in English Mest lesið Funduðu aftur fram að miðnætti: „Vont að þingmenn stjórnarandstöðunnar séu móðgaðir“ Innlent Kvikugangur talinn ná langleiðina að flugvallarstæði Hvassahrauns Innlent Hinir handteknu alveg ótengdir Innlent Lést í umferðarslysi við Álfabakka Innlent Erlendir ferðamenn gripnir glóðvolgir Innlent Stöðvuðu smygl á tuttugu þúsund Oxycontin-töflum Innlent Tuttugu og þrjár konur stíga fram og fórnarlömb raðnauðgara talin á sjöunda tug Erlent Þurfa ekki að skila Stálskipaauðnum Innlent Vaktin: Eldgos hafið nærri Grindavík Innlent Þingkonur þjarma að heilbrigðisráðherra Innlent
Baugur and it‘s investors paid 77 billion kronur for all stocks in the British chain store House of Fraiser, the deal was finalized today. The offer which is 148 pence a share was accepted in the beginning of last month. Also involved in the buy is Don McCarthy who will be Chairman of the Board, FL Group, Tom Hunter, owner of West Coast Capital, Kevin Stanford, the founder of Karen Millen, Halifax Bank of Scotland through investment company Uberior and finally Stefan Cassar, former finance manager of Rubicon Retail who will be the financial manager of the new group. John King has been hired CEO of House of Fraser and will begin work early 2007; he has been CEO of the British chain Matalan since 2003. House of Fraser is a department store. They have 61 stores in Britain and 1 in Ireland. About 8000 people work at the company.
News News in English Mest lesið Funduðu aftur fram að miðnætti: „Vont að þingmenn stjórnarandstöðunnar séu móðgaðir“ Innlent Kvikugangur talinn ná langleiðina að flugvallarstæði Hvassahrauns Innlent Hinir handteknu alveg ótengdir Innlent Lést í umferðarslysi við Álfabakka Innlent Erlendir ferðamenn gripnir glóðvolgir Innlent Stöðvuðu smygl á tuttugu þúsund Oxycontin-töflum Innlent Tuttugu og þrjár konur stíga fram og fórnarlömb raðnauðgara talin á sjöunda tug Erlent Þurfa ekki að skila Stálskipaauðnum Innlent Vaktin: Eldgos hafið nærri Grindavík Innlent Þingkonur þjarma að heilbrigðisráðherra Innlent