£326m bid for Iceland

British supermarket chain Iceland was poised to be separated from its parent company Big Food today after the group received a £326m (€474.5m) offer from Icelandic retailer Baugur.

£326m bid for Iceland
Mon, 20 Dec, 2004 - 10:41

British supermarket chain Iceland was poised to be separated from its parent company Big Food today after the group received a £326m (€474.5m) offer from Icelandic retailer Baugur.

A consortium led by Baugur said it would split off Iceland and bring in a new management team led by the businessman who founded it 25 years ago.

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CourtsBusinessHeathrowPlace: IcelandPlace: UKPlace: SelfridgesPerson: Tom HunterPerson: Kevin StanfordPerson: Malcolm WalkerPerson: WalkerOrganisation: IcelandOrganisation: Big FoodOrganisation: BaugurOrganisation: BookerOrganisation: Woodward FoodserviceOrganisation: Giant BidCoOrganisation: Karen MillenOrganisation: Big Food GroupOrganisation: CoastOrganisation: OasisOrganisation: MK One
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