Walker Poised to Regain Control of Iceland Stores ; Consortium to Pay Pounds 150m for Frozen Food Group
Daily Post › December 23, 2004
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Summary
IF BAUGUR'S pounds 326m acquisition of Big Food Group (BFG) wins shareholder approval, Malcolm Walker will regain control of the Iceland chain on February 11.
The consortium he leads will pay Baugur pounds 150m for the 750 outlet frozen food group he founded with a single store more than 30 years ago.See the full content of this document
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Walker Poised to Regain Control of Iceland Stores ; Consortium to Pay Pounds 150m for Frozen Food Group
For 29 of those 30 years, the group grew steadily and recorded increased profits each year.
However, in 2001, things started to go wrong when, follo...See the full content of this document
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