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 „Hann tók algjörlega völdin yfir lífi mínu“ Innlent Þiggja milljónir í húsnæðisstyrk þótt þau búi nálægt Alþingi Innlent Kosningavaktin: Íslendingar ganga að kjörborðinu Innlent Tveir á slysadeild í kjölfar bruna á Stuðlum Innlent Þórdís svarar gagnrýni vegna húsnæðisstyrks Innlent Nokkrir foreldrar sóttu börn á lögreglustöð Innlent Vistmaður og starfsmaður Stuðla fluttir á bráðamóttöku Innlent Snorri vill leiða Miðflokkinn í Reykjavík Innlent Guðmundur Árni hættur við og styður Ölmu Innlent Sér ekki á svörtu hjá „hinum útvalda“ Erlent
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 „Hann tók algjörlega völdin yfir lífi mínu“ Innlent Þiggja milljónir í húsnæðisstyrk þótt þau búi nálægt Alþingi Innlent Kosningavaktin: Íslendingar ganga að kjörborðinu Innlent Tveir á slysadeild í kjölfar bruna á Stuðlum Innlent Þórdís svarar gagnrýni vegna húsnæðisstyrks Innlent Nokkrir foreldrar sóttu börn á lögreglustöð Innlent Vistmaður og starfsmaður Stuðla fluttir á bráðamóttöku Innlent Snorri vill leiða Miðflokkinn í Reykjavík Innlent Guðmundur Árni hættur við og styður Ölmu Innlent Sér ekki á svörtu hjá „hinum útvalda“ Erlent