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 Hvítabjörninn felldur: Forðaði sér inn og sendi skilaboð á dóttur sína Innlent Reyndist ekki faðir stúlknanna Innlent Rafrettukóngur og eigandi Drekans sakaðir um 740 milljóna brot Innlent Nafn mannsins sem lést í vinnuslysi í Árborg Innlent Benedikt Sveinsson er látinn Innlent Endalaus þrautaganga Haraldar eftir svörum Innlent Engar ábendingar borist þrátt fyrir ákall Innlent Kona á níræðisaldri sá björninn í þriggja metra fjarlægð Innlent Brynjar segir af sér Innlent Senda vopnaða menn á svæðið 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 Hvítabjörninn felldur: Forðaði sér inn og sendi skilaboð á dóttur sína Innlent Reyndist ekki faðir stúlknanna Innlent Rafrettukóngur og eigandi Drekans sakaðir um 740 milljóna brot Innlent Nafn mannsins sem lést í vinnuslysi í Árborg Innlent Benedikt Sveinsson er látinn Innlent Endalaus þrautaganga Haraldar eftir svörum Innlent Engar ábendingar borist þrátt fyrir ákall Innlent Kona á níræðisaldri sá björninn í þriggja metra fjarlægð Innlent Brynjar segir af sér Innlent Senda vopnaða menn á svæðið Innlent