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	Mbl.is - Frétt - Baugur tekur ekki þátt í tilboðsgerð í Somerfield
		Baugur Group hefur staðfest að fyrirtækið hafi ákveðið að hætta þátttöku í fyrirtækjahópnum sem átt hefur í viðræðum við Somerfield varðandi hugsanlegt tilboð í félagið.
		Baugur stendur heilshugar að baki þessum einstaklingum, sem hafa staðfastlega haldið fram sakleysi sínu.
		Eftir að Baugur hafi dregið sig til baka muni þau fyrirtæki sem eftir eru vinna áfram að hugsanlegu tilboði í Somerfield.
	www.mbl.is /mm/frettir/frett.html?nid=1148037;limit=0;gid=2388 (380 words)

	UNICEF :: UM UNICEF :: Baugur
		Baugur Group er einn af megin styrktaraðilum UNICEF.
		Baugur Group var einn af fjórum stofnstyrktaraðilum UNICEF 2004-2006 og tryggði þar með starfsgrundvöllur Barnahjálparinnar á Íslandi.
		Auk þess hefur Baugur Group styrkt tvö verkefni UNICEF í hinu sárafátæka ríki í Vestur-Afríku, Gíneu-Bissá, sem miða að því að draga úr tíðni ungbarnadauða og auka menntun í landinu.
	www.unicef.is /um/index_677.htm (289 words)

	Baugur woos allies for £380m approach to Big Food Group - Times Online
		BAUGUR, the Icelandic retail group, is planning to team up with Tom Hunter, the Scottish retail entrepreneur, and Kaupthing, the Icelandic bank, in a potential £378 million offer for Big Food Group, the owner of Iceland, The Times has learnt.
		Analysts were surprised that Baugur was planning to make a bid for BFG, as many bankers believed the Icelandic group was seeking an exit route after seeing its 22 per cent stake in BFG nearly double in value.
		The scale of Baugur’s potential task to turn round BFG was highlighted yesterday when BFG revealed that underlying group sales had seriously deteriorated since its last update in May. Underlying sales fell 1.7 per cent in the 23 weeks to September 10.
	www.timesonline.co.uk /article/0,,5-1267863,00.html (786 words)

	Jonsson exits Baugur to start new venture - Telegraph
		Tryggvi Jonsson, chief executive of Icelandic retailer Baugur, is to step down this week, following the company's purchase of 15pc of the Big Food Group, owner of the Iceland supermarket chain.
		Mr Jonsson, who along with the chairman of Baugur is being investigated by the Icelandic police over fraud allegations, is leaving to start up a new venture.
		Baugur's intention to buy part of Arcadia was scrapped after a police raid on Baugur's headquarters in August.
	www.telegraph.co.uk /money/main.jhtml?xml=/money/2002/10/28/cnbaug28.xml (389 words)

	Baugur paper trail ends in court \| \| Guardian Unlimited Business
		According to Baugur insiders, the alleged fabricated invoices were actually legitimate credit notes.
		Baugur wanted to acquire 10/11 to keep it out of a rival's hands and to provide additional volume for its new warehousing facility.
		Baugur people insist that KPMG's recommendations were implemented so that any doubts about the robustness of the arrangements between Baugur and Gaumur were put to rest some three months before the police raid in August 2002.
	business.guardian.co.uk /story/0,3604,1547622,00.html (1045 words)

	Baugurgroup, fashion, uk, ict, emerce, ecomerce, clothing
		Baugur is considering selling a number of its retail interests over the summer as it looks to realise value from its British shopping spree.
		Last week, Baugur filed an £850m indicative offer to buy back the Mosaic conglomerate - which includes the Oasis and Warehouse chains - that it floated on the Icelandic Stock Exchange under two years ago.
		He was accused of using a credit invoice to falsely inflate Baugur's accounts and was sentenced to a three-months suspended prison sentence, which will be appealed by his lawyers.
	www.fashionunited.co.uk /news/baugur.htm (429 words)

	Welkom to the FeshPlaza.
		Iceland 's Baugur has said it will remain part of a consortium bidding for UK retailer Somerfield PLC, dispelling concerns that fraud charges levelled against some of its key executives over the weekend might prompt it to pull out, according to newspaper reports.
		Over the weekend, it was reported that Baugur had offered to pull out of the consortium after the Icelandic authorities levelled 40 counts of fraud against some of the group's leading executives.
		Baugur is believed to be providing 25 pct of the equity funding for the proposed Somerfield acquisition.
	www.freshplaza.com /2005/06jul/rn2_is_baugur.htm (259 words)

	Welcome to FreshPlaza
		Baugur the Icelandic investor in retailing, is believed to have made a preliminary takeover approach to House of Fraser, the department store group.
		The highest price that Baugur paid for its shares was thought to be just over 130p — meaning that any bid for HoF is expected to be at least £309 million under Takeover Panel rules.
		Baugur also formed part of a consortium that agreed to pay £311 million for Wyevale Garden Centres.
	www.freshplaza.com /2006/01mei/rn2_ic_baugur.htm (270 words)

	Analysis: Reykjavik power struggles put Baugur bids on ice - Independent Online Edition > Business Analysis & Features (Site not responding. Last check: )
		Back then, just as Baugur was in the closing throes of landing one of the choicest catches on the UK high street in partnership with none other than Philip Green, the news broke that police had raided its Reykjavik offices.
		In contrast, Baugur's political links hit the headlines in Iceland last month when a local weekly revealed that the President's second wife, Dorrit Moussaieff, hitched a free lift on a Baugur jet to watch a fashion show in Reykjavik held by its fashion house, Mosaic.
		Baugur's chief executive has also written to the head of the state police, Haraldur Johannessen, demanding the country appoint a new prosecutor, because, thanks to a quirk of Iceland's legal system, the same man heads the body that did the investigating and pressed the charges.
	news.independent.co.uk /business/analysis_and_features/article296957.ece (1172 words)

	Moss Bros declines comment on reported talks with Baugur
		The Financial Mail on Sunday and Retail Week reported that the head of Baugur's UK division, Gunnar Sigursson, has held a series of meetings in the past few weeks with the Moss Bros board.
		Moss Bros' chairman Keith Hamill is understood to be ready to recommend an offer of close to 80 mln stg, but Baugur believes this to overvalue the firm, the Financial Mail reported.
		Baugur and British retail entrepreneur Kevin Stanford already own just under 29 pct of Moss Bros through their Unity Investments vehicle.
	www.advfn.com /news_Moss-Bros-declines-comment-on-reported-talks-with-Baugur_17446696.html (288 words)

	BBC NEWS \| Business \| Baugur: From Iceland to Iceland
		Baugur insisted it was "business as usual", and said reports it was to drop out of the takeover consortium were "nonsense".
		Baugur has grown at a very fast pace ever since, and is today a Europe-wide investment group with a wide range of interests in retail and property.
		Baugur is said to be tightly run by Jon Asgeir Johannesson, whose family is estimated to own 70% of the business.
	news.bbc.co.uk /1/hi/business/4648259.stm (508 words)

	Reference.com/Encyclopedia/Baugur Group
		The name Baugur is pronounced, in Icelandic as ['bøykʏr]; however, outside the country, it is widely pronounced as ['baʊgə(ɹ)].
		On one hand, Baugur Group continued to invest in listed companies that are regarded to have better futures, either because their current management is in the process of improving the company's operation, or because new shareholders are expected to step in to instigate improvement.
		In May 2004, Baugur Group, along with other investors, acquired the majority in the British jewellery chain Goldsmiths, in cooperation with the company's management, for the amount of ISK 14.4 billion.
	www.reference.com /browse/wiki/Baugur_Group (961 words)

	Scotsman.com Business - Baugur to lower offer for BFG (Site not responding. Last check: )
		Sources close to Baugur, which sealed its £55m takeover of discount clothing chain Mk One late on Friday night, said the group believes it has backed Big Food Group, owner of the Iceland food chain, into a corner where it now has little option but to accept a bid.
		Although Baugur was Iceland’s biggest retail empire, he was perceived to be biting off a little more than he could chew with a bid for Arcadia.
		The foundations of Baugur were laid just 15 years ago when the 21 year-old Johannesson graduated from business school and decided to open a food store, using a bank loan of around £8,000.
	business.scotsman.com /index.cfm?id=1313182004 (1127 words)

	Telegraph Blogs: Business: Tales from the high street: May 2007: Will Baugur start a summer sale?
		Tags: Business, Booker, Mergers and aquisitions, Baugur, Reverse takeovers
		Baugur owns stakes in huge swathes of the high street including Hamleys, the famous toy store, jewellery chains Goldsmiths and Mappin and Webb, department store House of Fraser, food retailer Iceland, Julian Graves, Whittard of Chelsea and a raft of fashion retailers including Oasis, Karen Millen, Jane Norman and MK One.
		Gunnar Sigurdsson, managing director of Baugur’s retail division, told him: “Perhaps in the months to come we will be in a position to do something.
	blogs.telegraph.co.uk /business/talesofthehighstreet/may07/baugersale.htm (523 words)

	How House of Fraser became the icing on Baugur's retailing cake Independent, The (London) - Find Articles
		Since Baugur burst on to the UK retailing scene with its takeover of Hamleys, the Regent Street toy store, in June 2003, barely a week has gone by that it has not been linked to a possible bid target.
		Ever since then, Baugur's UK managing director has spent much of his time pouring over the department store group's books, working out how to make the numbers stack up to get its target's directors to back a bid.
		The one difference today is that he has no need to give Baugur's chief executive, Jon Asgeir Johannesson, a call while he is eating, as the Icelander is in situ, waiting to sign off on the House of Fraser deal.
	findarticles.com /p/articles/mi_qn4158/is_20060826/ai_n16699316 (847 words)

	Iceland's Baugur Group acquires 30% stake in Danish property company
		Baugur Group, an Icelandic investment company, has entered an agreement with the main shareholders of Keops, a Danish property investment company, to acquire 30% of the shares for DKK 564 mn (USD 90.2 mn).
		The agreement comprises a statement of intent between Baugur and Keops to enter a strategic collaboration in which Baugur supports Keops' opportunity to expand both in Denmark and internationally.
		Skarphedinn Berg Steinarsson, director at Baugur is clearly satisfied with the deal: "Baugur sees this investment as a perfect match to our investment strategy in properties and retail trade", he says.
	www.investindk.com /visNyhed.asp?artikelID=13361 (267 words)

	Euro2day :: Baugur chief guilty of false accounting
		The founder of Baugur, the Icelandic investment group that has been a voracious acquirer of UK retailers, was found guilty on Thursday of false accounting in a Reykjavik court after a five-year legal battle.
		The prosecution successfully argued that the invoice was used to falsely inflate Baugur's accounts in 2001 when it was still a public company.
		But as the court process dragged on, Baugur sought to put the case to one side and continued aggressively to acquire a variety of retailers, mostly in Britain.
	www.euro2day.gr /articlesfna/33981076 (836 words)

	FT Alphaville
		Baugur, the Icelandic investment group that has bought up much of the UK shopping scene, is turning its attention to the US luxury retail sector, with a $250m investment in Saks, the department store chain.
		Sources close to Baugur said it was investigating delisting the fashion group to enable it to integrate the Mosaic and Rubicon businesses away from the gaze of investors and analysts.
		Baugur, the Icelandic investment group, has restructured and refinanced Goldsmiths, the loss-making jewellery chain it bought in 2004 for £110m, the Telegraph reported.
	ftalphaville.ft.com /blog/?s=baugur (1268 words)

	[No title] (Site not responding. Last check: )
		However, Seymour Pierce analyst Richard Ratner thought Baugur had its hands full with other investments such as its recent purchase of rival department stores group House of Fraser, and was unlikely to make a bid.
		Unity is a venture between Baugur, Icelandic investment fund FL Group and retail entrepreneur Kevin Stanford.
		Baugur's stable of retailers includes supermarket chain Iceland, toy shop Hamleys and fashion brand Karen Millen and it has also built up stakes in a string of other companies such as toys-to-DVDs group Woolworths and menswear chain Moss Bros. Continued...
	today.reuters.co.uk /news/newsarticle.aspx?type=businessNews&storyid=2007-06-12T085839Z_01_L12201528_RTRUKOC_0_UK-DEBENHAMS-BAUGUR.xml (178 words)

	Ekstra Bladet (Site not responding. Last check: )
		Baugur Group, the Icelandic owner of the department stores Magasin and Illum, and the airlines Sterling and Maersk Air, is on its way into a yet another Icelandic-Russian business adventure.
		The financial situation of Baugur is, however, so tough that the Group has to dispose of its assets on the Stock Exchange in Reykjavik, Iceland, all the time.
		To Baugur it is crucial that some of their assets are sold on the Iceland Stock Exchange or at similar forums.
	www.ekstrabladet.dk /nyheder/samfund/article240199.ece (665 words)

	BBC NEWS \| Business \| Baugur boss fraud case thrown out
		Baugur had slowed the pace its expansion plans pending the outcome of the trial, withdrawing from a consortium attempting to buy supermarket chain Somerfield.
		Baugur supported Mr Johannesson and claimed that the charges - which surrounded alleged breaches of accountancy rules - were politically motivated.
		Baugur has concluded 45 deals since 1998, becoming an influential player in the UK retail industry in the process.
	news.bbc.co.uk /1/hi/business/4263620.stm (225 words)

	Baugur could re-emerge in Somerfield bid fray - Times Online (Site not responding. Last check: )
		Baugur, the acquisitive Icelandic investment group, is expected to try to re-enter the £1 billion-plus bid battle for Somerfield, Britain's fifth largest supermarket group, after a district court threw out 40 fraud and embezzlement charges levelled against its chief executive, Jon Asgeir Johannesson.
		Baugur, which already owns a clutch of British retail assets, was forced to withdraw from a consortium circling Somerfield in July after the charges were originally made against Mr Johanneson and five fellow defendants.
		Baugur, which was working with Barclays Capital, private equity group Apax Partners and property entrepreneur Robert Tchenguiz on its Somerfield bid, has always stood behind its chief executive and rebuffed the charges.
	business.timesonline.co.uk /tol/business/industry_sectors/retailing/article568709.ece (916 words)

	Revised Baugur bid means break-up for BFG
		Baugur, the Iceland-based retail group, has made a new proposal for Britain's Big Food Group (BFG), a move that would almost certainly mean the break up of the group but strengthen its main supermarket banner, Iceland, writes Chris Jones.
		Baugur first took a 15 per cent stake in BFG back in October 2002, pledging to be a "supportive investor" for the British company which at the time was in the full throes of a major restructuring, later increasing its holding to 22 per cent.
		Baugur is the biggest retail group in Iceland, and has extensive investments in Britain, including toy retailer Hamleys, the Goldsmiths jewellery chain and clothes retailer Oasis.
	www.foodnavigator.com /news/printNewsBis.asp?id=56474 (765 words)

	Baugur won't make offer for Debenhams - Boston.com
		Icelandic investment group Baugur Group HF, which already owns a number of British retailers, said Friday that it doesn't intend to make an offer for department store owner Debenhams PLC.
		LONDON --Icelandic investment group Baugur Group HF, which already owns a number of British retailers, said Friday that it doesn't intend to make an offer for department store owner Debenhams PLC.
		The company, which had built up a stake of about 9 percent in Debenhams, said in a statement that it has no current intention to make an offer for the company or to acquire a shareholding in it that would force it to make an offer for the whole business.
	www.boston.com /news/world/europe/articles/2007/07/20/baugur_wont_make_offer_for_debenhams (227 words)

	Baugur paper trail ends in court \| Business \| The Guardian
		According to Baugur insiders, the alleged fabricated invoices were actually legitimate credit notes.
		Baugur wanted to acquire 10/11 to keep it out of a rival's hands and to provide additional volume for its new warehousing facility.
		Baugur people insist that KPMG's recommendations were implemented so that any doubts about the robustness of the arrangements between Baugur and Gaumur were put to rest some three months before the police raid in August 2002.
	www.guardian.co.uk /business/2005/aug/12/4 (1117 words)

	Arcadia bid blow as police raid Baugur - Telegraph
		In a statement, Baugur said that the company was under investigation for fraud but it denied the accusations.
		In Baugur's statement, it said that the police investigation began after American wholesaler, Nordica, accused it of having forged documents when the companies terminated their business links.
		Earlier this year, Baugur attempted to acquire Arcadia itself for up to 300p a share, but had difficulty raising the necessary finance for an offer.
	www.telegraph.co.uk /money/main.jhtml?xml=/money/2002/08/30/cnarc30.xml (623 words)

	Charges against Baugur boss to be pursued - Times Online
		JON Asgeir Johannesson, chief executive of Baugur, is to face eight charges of fraud after Iceland’s Supreme Court overruled a lower court decision to drop all counts against him.
		Baugur has said that its legal team was considering a “malicious prosecution” lawsuit against the State of Iceland for bringing the “politically motivated” charges.
		In a statement released late yesterday, Baugur said: “In light of the decision handed down by the Supreme Court of Iceland, Baugur Group wishes to entreat the authorities to cease all further harassment of the company.
	www.timesonline.co.uk /article/0,,5-1819906,00.html (760 words)

	IOL \| Baugur cools Debenhams speculation
		Icelandic investment group Baugur today moved to dampen speculation that it is mulling a bid for department store chain Debenhams.
		Baugur, which has built up a near-8% stake in Debenhams, has been linked with a potential bid since its millionaire founder Jon Asgeir Johannesson praised the business and boasted of a Â£600 million acquisition warchest in a recent interview.
		Under takeover rules, Baugur is now barred from making a potential bid for the next six months unless Debenhamsâ board agrees or another company emerges with an offer.
	breakingnews.iol.ie /news/business/mhkfsnidkfau (120 words)

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