Summary
Shares in House of Fraser lifted yesterday on speculation acquisitive Icelandic investment group Baugur was about to mount a takeover.
The rise of five per cent in its share price to 132.25p valued the company at around pounds 313 million - an increase of more than pounds 13 million on the start of trading.See the full content of this document
Extract
Takeover Talk Boosts House of Fraser Shares
Baugur prompted a frenzy of speculation last month after buying a 9.48 per c...
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