Investment company buys Oasis

Baugur, the Icelandic investment company said yesterday that it was looking for further acquisitions after paying £152m (€217.53m) for fashion chain Oasis.

Investment company buys Oasis
Mon, 17 Nov, 2003 - 12:45

Baugur, the Icelandic investment company said yesterday that it was looking for further acquisitions after paying £152m (€217.53m) for fashion chain Oasis.

It said it was looking for opportunities to expand Oasis which could include buying brands or clothing retailers. Baugur purchased Oasis from the private equity group PPM Ventures.

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CourtsBusinessHeathrowPerson: Derek LovelockOrganisation: OasisOrganisation: BaugurOrganisation: PPM Ventures
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