Retailer fashions bid to buy Mk One

Icelandic group Baugur is to add Mk One to its shopping basket of UK retailers in a deal worth £55m (€78.5m).

Retailer fashions bid to buy Mk One
Thu, 11 Nov, 2004 - 19:06

Icelandic group Baugur is to add Mk One to its shopping basket of UK retailers in a deal worth £55m (€78.5m).

Baugur has agreed to buy the 176-strong chain of budget fashion stores from a trio of business people that includes billionaire Bhs owner Philip Green.

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CourtsBusinessHeathrowPlace: UKPerson: Philip GreenPerson: GreenPerson: Elaine McPhersonPerson: David ThompsonOrganisation: MK OneOrganisation: BaugurOrganisation: OasisOrganisation: Karen MillenOrganisation: GoldsmithsOrganisation: CoastOrganisation: Principles and WarehouseOrganisation: RubiconOrganisation: Big FoodOrganisation: SophieOrganisation: LandsbankiOrganisation: ArcadiaOrganisation: Marks & Spencer
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