Baugur to Buy House of Fraser? Skip to content

Baugur to Buy House of Fraser?

The board of the British chain store, House of Fraser Plc. today issued a statement saying that it is in negotiations with Baugur Group on a takeover bid. According to Morgunbladid the negotiations are in their initial stage, but would mean that each share in House of Fraser would be priced at 1.48 GBP. Today the listed price per share is 1.37 GBP up 6.4%.

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