Investment firm 'to move on Moss Bros'

Icelandic investment group Baugur is understood to be considering launching a £40m (€55m) takeover bid for retailer Moss Bros.

Investment firm 'to move on Moss Bros'
Sun, 09 Dec, 2007 - 12:08

Icelandic investment group Baugur is understood to be considering launching a £40m (€55m) takeover bid for retailer Moss Bros.

The group which already owns a number of UK high street names including Hamleys, Karen Millen, Oasis and House of Fraser, is believed to be working on a detailed bid proposal.

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