Bank linked to Iceland Foods sale

Frozen food supermarket Iceland and toy emporium Hamleys are to be sold by failed Icelandic bank Landsbanki, according to reports today.

Bank linked to Iceland Foods sale
Fri, 28 Jan, 2011 - 12:54

Frozen food supermarket Iceland and toy emporium Hamleys are to be sold by failed Icelandic bank Landsbanki, according to reports today.

The bank is to put its 67% stake in Iceland Foods’ 800 store empire on the market and hopes to complete a sale, valuing the company at about £1.5bn (€1.7bn), in the next 10 months, the Daily Telegraph said.

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CourtsBusinessHeathrowPlace: IcelandPlace: UKPlace: Middle EastPlace: IndiaPlace: IrelandPerson: Malcolm WalkerPerson: WalkerPerson: Pall BenediktssonPerson: BaugurOrganisation: Iceland FoodsOrganisation: LandsbankiOrganisation: Iceland Foods’Organisation: Retail WeekOrganisation: House of FraserOrganisation: AurumOrganisation: Mappin & WebbOrganisation: Watches of SwitzerlandOrganisation: GoldsmithsOrganisation: BaugurOrganisation: IcelandOrganisation: Hamleys
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