Best bits: Iceland Foods seals week of headlines for UK retail
It was, in the end, no major surprise. But it did mark the end of a saga that had lasted…
Baugur
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Convenience driving in-demand Iceland Foods
Malcolm Walker, the CEO of UK retail chain Iceland Foods, has reportedly made a GBP1bn bid to buy out the…
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Iceland Foods growth fires M&A speculation
It is one of the questions of the moment among the UK retail trade. Will consumers turn their backs on…
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UK: Iceland boss praises Baugur’s Jóhannesson
The chief executive of UK frozen-food retailer Iceland Foods has praised Jón Ásgeir Jóhannesson’s work following the announcement of the…
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Icelandic food sector hopes to come in from the cold
In the wake of Iceland's financial meltdown, food manufacturers in the country have found themselves struggling with higher input costs.…
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UK: Landsbanki mulling options for Iceland stake
Icelandic bank Landsbanki is “considering options” for its 14% stake in UK supermarket group Iceland, which fell under the bank’s…
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ICELAND/UK: Baugur assets “likely to be seized”
The retail holdings of Icelandic investment firm Baugur are “likely to be seized” by its principal lender, Landsbanki, a spokesperson…
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UPDATE: UK: Iceland pick of the litter in Baugur fire sale
Baugur’s stake in frozen food retailer Iceland is expected to generate “considerable interest” as the market gears up for a…
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UK: Baugur seeks protection from creditors
Iceland’s Baugur has sought protection from its creditors, after talks with Icelandic bank Landsbanki collapsed over the investment vehicle’s GBP1bn (US$1.45bn) debt…
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UK: Baugur chairman takes Iceland role
Jón Ásgeir Jóhannesson, chairman of Baugur UK, has joined the board of Iceland food stores in the UK as chairman.…