Iceland group buys Jane Norman fashion chain

British fashion chain Jane Norman was today sold for £117.4m (€170.4m), in the latest deal involving the Icelandic investment group Baugur.

Iceland group buys Jane Norman fashion chain

British fashion chain Jane Norman was today sold for £117.4m (€170.4m), in the latest deal involving the Icelandic investment group Baugur.

The retailer, which has 95 stores and concession outlets, has been bought by a consortium featuring Baugur and Kaupthing Bank, also based in Iceland.

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