June 29, 2005 - Iceland Review Skip to content

June 29, 2005

Viking invaders buy shares in bank on home turf

Morgunblaðið and Iceland State Radio, RÚV, report that the Executive Chairman of FL Group, together with the CEO of investment company Baugur Group, have purchased a 5.3 per cent share of Íslandsbanki for 9.5 billion Icelandic króna.

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