Baugur to Break Up Big Food Kingdom

Summary


BAUGUR wants to break up Big Food Group and is holding talks to sell around 500 of the 750 Iceland food stores to former frozen food boss Malcolm Walker.

The Reykjavik retailer has started poring over BFG's books to assess whether to proceed with its proposed 110p-per-share bid. BFG said last night it would recommend an offer at this level.

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Baugur to Break Up Big Food Kingdom

Walker was ousted from ret...

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