Icelandic retailer Baugar’s 300p per share bid for high street group Arcadia is understood to have stalled as financing has not been secured.
A revised 280p per share offer is expected next month.
Observer Business 11/11/01 Page 2
Icelandic retailer Baugar’s 300p per share bid for high street group Arcadia is understood to have stalled as financing has not been secured.
A revised 280p per share offer is expected next month.
Observer Business 11/11/01 Page 2
