Summary
DEESIDE-BASED Iceland Frozen Foods said yesterday there would be "zero impact" on its operations after a shareholder went into administration.
Icelandic retail investor Baugur, which owns 13.5% of Iceland, entered the "moratorium" process in Iceland after talks failed with Icelandic bank Landsbanki over restructuring its pounds 1bn debt burden.See the full content of this document
Extract
Baugur's Crisis Won't Affect Us
Landsbanki also filed a petition to place BG Holding, which owns its UK assets, into administrat...
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