Baugur Is Linked to House of Fraser Bid

Evening GazetteMay 02, 2006

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Summary


Icelandic group Baugur was today thought to be behind a bid for House of Fraser after the department store chain revealed it had received a "very preliminary" approach.

The group, which takes in Binns in Middlesbrough and Darlington, today confirmed it had received a very preliminary approach, which may or may not lead to a takeover offer.

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Extract


Baugur Is Linked to House of Fraser Bid

The statement was issued following reports ov...

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