Baugur to buy jewellery chain

ICELANDIC investment group Baugur is this week expected to acquire jewellery chain Mappin & Webb for £30 million (€44.5m).

Mon, 14 Nov, 2005 - 00:00

The group is understood to be in advanced negotiations to buy MW Group, which includes the Mappin & Webb and Watches of Switzerland stores, from private equity firm European Acquisition Capital which holds a 75% stake in it.

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CourtsOrganisation: BaugurOrganisation: ICELANDICOrganisation: Mappin & WebbOrganisation: Watches of Switzerland
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