
	Where results make sense

Topic: Baugur Group

In the News (Sat 5 Dec 09)

Northern Trust

Marvin Harrison

Peter Chernin

Gary Locke

Match Play

Penelope Cruz

Mickey Rourke

AR Rahman

Danny Boyle

Hugh Jackman

	Baugur Group - Wikipedia, the free encyclopedia
		Baugur Group (['pøyɣʏr] in Icelandic, otherwise often ['baʊgə(ɹ)]) is an Icelandic investment company.
		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.
		On the 25th August 2006, the takeover of House of Fraser by Baugur Group was confirmed.
	en.wikipedia.org /wiki/Baugur_Group (839 words)

	House of Fraser, FashionUnited news
		Baugur, the Icelandic retail investment group, is close to securing a refinancing of its Julian Graves health food chain in a deal that could see it recoup much of the £21.5m it spent buying Whittard of Chelsea, the specialist tea retailer.
		Baugur's interest in House of Fraser, which is being advised by Dresdner Kleinwort Wasserstein, first emerged in April when it carried out a 'dawn raid' on the company's shares, buying 9.5pc of the equity.
		The group reiterated a report given earlier this year that it expected trading conditions to be difficult for at least the first half of 2006 and forecast cost pressures over the next 12 months.
	www.fashionunited.co.uk /news/fraser.htm (6549 words)

	MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2 (Site not responding. Last check: 2007-11-06)
		Baugur Baugur is an international retail and investment company with operations or investments in Iceland, Scandinavia, UK and USA.
		Baugur ID Baugur ID is the investment and development arm of Baugur and is responsible for developing new operating units and monitoring Baugur's investments.
		For the purposes of these conditions the 'wider Baugur Group' means Baugur and its subsidiaries, subsidiary undertakings and associated undertakings and any other body corporate, partnership or person in which Baugur and such subsidiaries and undertakings (aggregating their interests) have an interest of more than 20 per cent.
	moneyam.uk-wire.com /cgi-bin/articles/200306170701134026M.html (4757 words)

	Welcome to FreshPlaza
		Iceland's Baugur Group HF has confirmed it is in talks with the board of House of Fraser PLC with a view to exploring the possibility of making a cash offer for the company.
		Baugur's statement followed comments from its chief executive, Jon Asgeir Janannesson, in today's Daily Telegraph in which he suggested a formal offer for the British department store could be made within weeks.
		Seymour Pierce said it expects an indicative offer from the Icelandic group of around 150 pence per share to be announced very soon, subject to the completion of due diligence.
	www.freshplaza.com /2006/30may/rn2_is_baugur.htm (240 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 reportedly in takeover talks with House of Fraser
		The Times reported that Baugur chief Jon Asgeir Johannesson was behind this acquisition move.
		Baugur already has noteworthy stake in other UK stores including Hamleys toy stores and Woolworths.
		Baugur appears to be determined to follow its acquisition policy even though many Icelandic investors are keen to cash in on their stock.
	www.abcmoney.co.uk /news/0220062358.htm (380 words)

	The Iceland Weather Report: Baugur BOOM!
		They then branched out to the Faroe Islands, then the US, changed the company’s name to Baugur, and withdrew from the US in order to focus on making inroads into the UK.
		Suffice it to say that the owners of Baugur appear to many to be the Icelandic version of Russia’s Mikhail Khordokovski.
		Meanwhile, Fréttablaðið – which dropped the bombs – is owned by Baugur and has been one of the weapons in this war of power, effectively toppling the main mouthpiece of the ruling Independence Party – Morgunblaðið – over the past couple of years.
	www.icelandweatherreport.com /2005/09/baugur-boom.html (664 words)

	Mail to friends, Printed Version (Site not responding. Last check: 2007-11-06)
		London — Investors led by Baugur Group HF, the biggest Icelandic retailer, agreed to buy UK grocer Big Food Group after which they plan to sell the company's Iceland food stores because competition is hurting the chain.
		Baugur is the company’s biggest investor with a 22 percent stake, and shareholders......
		Business Day: Baugur-led investors to but Big Food Group London — Investors led by Baugur Group HF, the biggest Icelandic retailer, agreed to buy UK grocer Big Food Group after which they plan to sell the company's Iceland food stores because competition is hurting the chain.
	www.biz-day.com /mail_to_friend/edfw9-r (180 words)

	Icemen arrive at Iceland - Food Retailing - Baugur acquires 15% stake in Big Food Group - Brief Article Eurofood - Find ...
		Baugur said would be a "supportive investor" as the Big Food Group, which also includes Booker Cash & Carry and Woodward Foodservice, rebuilds its market performance after a series of profit warnings.
		Baugur is no stranger to the retail business, but its interest lies with clothing retailers including UK high Street names such as Top Shop and Miss Selfridge.
		Speculation that Baugur could be eyeing up a compete takeover in the long term is a little premature, and the Big Food Group welcomed the boost of having a new investor on board.
	www.findarticles.com /p/articles/mi_m0DQA/is_2002_Nov_7/ai_94447967 (278 words)

	BBC NEWS \| Business \| Baugur buys UK's Big Food Group
		Baugur has been steadily making acquisitions in the UK Investors led by Icelandic group Baugur have confirmed a £326m ($635.1m) cash takeover of Britain's Big Food Group.
		The group said it would sell on the Iceland supermarket chain to a separate entity owned by investors such as Icelandic lender Kaupthing Bank.
		Baugur is Iceland's biggest retailer and has been steadily extending its presence on the UK High Street.
	news.bbc.co.uk /1/hi/business/4109907.stm (157 words)

	Scotsman.com Business - Latest News - Baugur readies UK retail war chest
		Icelandic investment firms Baugur, FL Group and retail entrepreneur Kevin Stanford have formed a venture which a source familiar with the matter said aims to raise about 1 billion pounds to buy strategic stakes in listed UK retail companies.
		A source familiar with the matter said Baugur made a profit of between 50 and 60 million pounds in May when it briefly held M&S shares during a rally in the company's share price.
		FL Group is listed on the Icelandic Exchange, focuses on strategic investments and has a market value of around 1.1 billion euros.
	business.scotsman.com /latest.cfm?id=957712006 (797 words)

	Iceland based Baugur Group acquires Danish department store Illum
		The Icelandic investment company Baugur Group has acquired the Danish department store Illum, located in central Copenhagen, from investment bank Merrill Lynch for an undisclosed sum.
		Baugur Group has previously acquired the shares of Denmark's Wessel and Vett, which runs the department stores Magasin, and two weeks ago the Iceland group acquired a 30% stake in the Danish property investment company Keops for DKK 564 mn (USD 90.2 mn).
		Baugur Group itself has a broad range of international brands which it is considering introducing into Illum and Magasin.
	www.investindk.com /visNyhed.asp?artikelID=13436 (297 words)

	Baugur Group information and related industry information from Hoover's (Site not responding. Last check: 2007-11-06)
		Baugur Group is putting its chilly homeland on the map.
		Baugur owns a large share in Hagar, the largest food and specialty goods retailer in Iceland with about 80 stores there and in Denmark and Sweden.
		Baugur, which went private in 2003, is controlled by its CEO Jón Ásgeir Jóhannesson.
	www.hoovers.com /baugur/--ID__134670--/free-co-factsheet.xhtml (406 words)

	Scotsman.com Business - Latest News - HBOS in Baugur group to buy House of Fraser - paper
		A spokesman for Baugur, which has stakes in numerous UK retailers, said the process of going through the books of the designer brands retailer was ongoing.
		House of Fraser confirmed on June 9 it was in talks with Baugur regarding the 148 pence per share bid.
		Baugur already has a 9.5 percent stake in the retailer.
	business.scotsman.com /latest.cfm?id=1024952006 (401 words)

	FOCAL - Pressrelease - Baugur Group implements FOCAL DOC+
		Contract is made between Baugur Group and FOCAL Software for Electronic Document and Records Management (EDRM) and Customer Relations Management using modules from the FOCAL Suite of applications.
		Baugur Group is an international investment company focusing on investments in the service, retail and real estate sectors, in Iceland, UK, and Scandinavia.
		Baugur Group is also the largest shareholder of Magazine Du Nord departments store chain in Denmark.
	www.focalsoftware.com /FOCAL/hvk/WebGuardEnglish.nsf/key2/mhen6cwm6z.html (405 words)

	Fishupdate.com: Baugur Group withdraws from Somerfield Consortium
		THE Icelandic retailer Baugur last week confirmed that it has decided to withdraw from the Consortium that has been in discussions with Somerfield plc regarding a potential offer for the company.
		Baugur say that they stand fully behind the individuals, who intend to defend these charges vigorously.
		The Baugur Group, has rapidly built a significant presence on British highstreets by acquiring among others the food retailer Iceland, cash and carry operatior Booker, the Goldsmiths jewellery chain and toy store Hamley’s.
	www.fishupdate.com /news/fullstory.php/aid/2801/Baugur_Group_withdraws_from_Somerfield_Consortium_.html (379 words)

	ROUNDUP Woolworths shares buoyed by talk of Baugur break-up bid - Forbes.com (Site not responding. Last check: 2007-11-06)
		According to the report Baugur has calculated that most of the finance needed for a takeover of the 500 mln stg company could be raised by separating out Woolworths two entertainment businesses -- Entertainment UK and 2entertain, the group's 40 pct-owned publishing joint venture with BBC Worldwide -- which it values at 350 mln stg.
		A spokesman for Baugur and a spokeswoman for Woolworths both declined to comment on the report, while brokers were divided on its merits.
		In July, the group reported an acceleration in the rate of underlying sales decline at its mainchain business and said the UK trading environment remains tough.
	www.forbes.com /feeds/afx/2006/09/06/afx2996448.html (751 words)

	IFEX :: Newspaper raided by police (Site not responding. Last check: 2007-11-06)
		The International Federation of Journalists and its regional group the European Federation of Journalists today warned the authorities in Iceland that they were endangering press freedom after a daily newspaper was raided following reports that link government advisors to a growing scandal involving one of the country's leading retail businesses.
		Frettabladid, the largest daily newspaper in Iceland, was raided by officers of the Reykjavík district commissioner on Friday after an injunction was issued banning the newspaper publishing e-mails and documents that relate to an on-going scandal involving the Baugur Company and the Independence Party, one of the two ruling government parties.
		On September 20 an Icelandic court dismissed all 40 charges against Baugur Group due to "flaws" in the charges.
	www.ifex.org /en/content/view/full/69558 (459 words)

	FT Executive Dinner Forum - Speakers
		Gunnar Sigurðsson is Managing Director of UK Investments, and of Baugur Group´s London office.
		Gunnar Sigurðsson joined Baugur Group as CFO in 2003 and has been responsible for the Group´s international investments since February 2004.
		Before joining Baugur Group, Gunnar worked in banking for 8 years, most recently as head of international and syndicated lending at Islandsbanki.
	www.ftconferences.co.uk /sas/speakers.aspx?spid=5288 (99 words)

	Icelandic consortium acquires radio/TV and electronics chain Merlin
		An Icelandic consortium comprising investment company Árdegi, Milestone Investment Company and Baugur Group has acquired Merlin, a radio/TV and electronics chain in Denmark, from FDB, the Co-operative Retail and Wholesale Society of Denmark for an undisclosed sum.
		Baugur Group has previously acquired the Danish department stores Illum and Magasin as well as a stake in the Danish property investment company Keops.
		Paul Mollerup, managing director of FDB says the wholesale society has known for a while that it was not the right owner of Merlin and that FDB is pleased to present a buyer with retail experience from the same industry "who wants to develop the stores and create better future prospects for the staff."
	www.investindk.com /visNyhed.asp?artikelID=13683 (309 words)

	Ananova - Baugur Eyes Up Somerfield
		Baugur's approach envisaged the current management team continuing to run the business and was also subject to various pre-conditions, Somerfield said.
		Analysts had been expecting a Somerfield bid from Baugur as it would enable the Icelandic company to bolster the operation of the Big Food Group business.
		Baugur, which has also acquired Hamleys and Goldsmiths in recent months, will have an estimated turnover of £6.8bn following the Big Food deal.
	www.ananova.com /business/story/sm_1277334.html?menu= (164 words)

	FL confirms launch of UK retail venture with Baugur, Kevin Stanford - Forbes.com (Site not responding. Last check: 2007-11-06)
		LONDON (AFX) - FL Group hf said it is launching an investment vehicle, called Unity Investments ehf, together with fellow Icelandic investment firm Baugur to take strategic stakes in listed companies, in particular within the UK retail sector.
		Unity will be owned 37.5 pct by FL Group, 37.5 pct by Baugur Group and 25 pct by retail entrepreneur Kevin Stanford.
		Baugur, FL Group and Stanford will have no remaining direct interest in these companies, FL added.
	www.forbes.com /markets/feeds/afx/2006/06/30/afx2852656.html (433 words)

	The Appointment - Editorial - Fashion Focus
		With the addition of MK One to its expanding UK empire, Icelandic retail group Baugur is becoming an increasingly significant force in UK fashion.
		And the hectic pace of Baugur’s expansion has yet to relent, with Big Food Group possibly next in line to be purchased outright and exclusive negotiations to buy Rubicon, the owner of the Principles and Warehouse chains, unveiled at the end of October.
		In this country alone, this will mean 50 new stores in the next two to three years and for Mosaic the group is promising 280 stores outside the UK in the next four years, which is a pretty daring objective by anybody’s measure.
	www.retailcareers.co.uk /appointment/fashfocus.htm (1016 words)

	Bank of Scotland funds acquisition of Karen Millen by the Oasis Group (Site not responding. Last check: 2007-11-06)
		Bank of Scotland Corporate has provided funding to the Oasis Group, controlled by Icelandic retail investment group, Baugur for the acquisition of Karen Millen.
		The current owners of Karen Millen have agreed to sell the business to the Oasis Group, controlled by Icelandic retail investor Baugur Group in a deal valued at £120 million.
		In addition to the womenswear market, another important acquisition recently by Baugur and the Bank of Scotland Corporate was the jewellery retailer Goldsmiths on which KPMG and Heatons also advised.
	www.hbosplc.com /media/pressreleases/articles/bos/2004-06-28-00.asp (570 words)

	Icelandic Group Still Mulling UK's Iceland
		(BFG), outlined in September by Nordic investor Baugur Group HF.
		Group is a major force in the country's retail, insurance, and
		Baugur is likely to reduce its offer, given the poor performance
	www.qffintl.com /news/readnews_test.cfm?article=1164 (201 words)

	Recommended Cash Offer
		Baugur, with Hamleys Management having a minority shareholding.
		Baugur is an international retail and investment company with operations or
		Baugur ID Baugur ID is the investment and development arm of Baugur and is responsible for
	bankrupt.com /misc/Recommended_Cash_Offer.htm (8560 words)

	Innn \| LiSA.net CMS - Front page
		Since the year 2003 Creditinfo Group has used the LiSA CMS to maintain they’re websites.
		Today Creditinfo Group is running 20 versions of websites in LiSA with great success.
		With the new contract between Creditinfo Group and Innn hf.
	www.innn.com /Pages/255?ItemID=80eda4b7-def2-4db8-98aa-dbf0b073cf52 (380 words)

	LawFuel - The Law News Network
		21 December 2004 - LAWFUEL - First for law news - Allen & Overy is advising Baugur Group HF on the recommended offer for The Big Food Group plc by a Baugur-led consortium vehicle, Giant BidCo Limited, also advised by Allen & Overy.
		Ninety-five pence per share will be offered, valuing Big Food Group shares at £326 million.
		The offer will be effected by a scheme of arrangement, subject to court and shareholder approval.
	www.lawfuel.com /show-release.asp?ID=2146 (235 words)

Try your search on: Qwika (all wikis)