
Will Sir Philip Green take over Baugur?
No news reports by the end of November regarding Green taking over Baugur.
Background:>
Sir Philip reportedly plans to purchase over £1bn of the group's debt, giving him control of high street fashion chains Oasis and Karen Millen as well as House of Fraser and Hamleys, and majority stakes in Debenhams and Moss Bros.
Will he make such a purchase by the end of November?
Sir Philip knocks back Texas offer for Baugur
Settlement details:As reported by The Independent.
- Activity: H$26,082 |
- Predictions: 39 |
Comments: 1
Suspend date: Sun 30th Nov 2008 11:59pm PST
Settlement date: Mon 1st Dec 2008 9:49am PST
Prediction cut-off: Predictions on this question after Sun 30th Nov 2008 11:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 70%
Action history:
Suspend date: Sun 30th Nov 2008 11:59pm PST
Settlement date: Mon 1st Dec 2008 9:49am PST
Prediction cut-off: Predictions on this question after Sun 30th Nov 2008 11:59pm PST have been voided because they were made after the question could be settled details
Predictions (39)
Comments (1)
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More information on the story....
<<Meanwhile, the billionaire businessman Sir Phillip Green looks set to invest up to £2bn in a troubled Icelandic retailing group that owns House of Fraser, Karen Millen and Hamleys. Sir Philip has held talks with the Icelandic government about buying debt from the retailing group Baugur, thought to have lost over £1bn in the crisis. Sir Philip, who owns Bhs and Topshop, described Baugur as "fundamentally sound". >>
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