Created Mon 13th Oct 4:40am PDT by 
theindependent
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Will Sir Philip Green take over Baugur?
Settled as No
No news reports by the end of November regarding Green taking over Baugur.
Background:
Retail billionaire Sir Philip Green edged closer to a deal to buy the debts of Icelandic investor Baugur, a once- powerful predator that acquired a string of famous brands.
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
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.
Settled
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Yes |
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No |
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Activity: H$26,082
Settled as No on Yesterday 9:49am PST
Suspend date: last Sunday 11:59pm PST Settlement date: Yesterday 9:49am PSTPrediction cut-off: Predictions on this question after last Sunday 11:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 70%
Action history:
Created Mon 13th Oct 4:40am PDT by theindependent
theindependent
Changed Description Mon 13th Oct 5:44am PDT by 
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: show details
bayoubear: show details ... reportedly plans to purchase over £Â£1bn of the group's ... by the end of November??<br/> <br/> http://www.independent.co.uk/news/business/news/icelandic-losses-met-by-seizure-959290.html
Changed Description Mon 13th Oct 5:44am PDT by bayoubear: show details
bayoubear: show details ... by the end of November?<br/> <br/> http://www.independent.co.uk/news/business/news/icelandic-losses-met-by-seizure-959290.html
Changed Description Mon 10th Nov 8:30pm PST by 
tisha: show details
tisha: show details ... reportedly plans to purchase over £Â£1bn of the group's ... the end of November?<br/> /> <br/> <a href='http://www.independent.co.uk/news/business/news/sir-philip-knocks-back-texas-offer-for-baugur-962735.html'>Sir Philip knocks back Texas offer for Baugur</a>
Settlement requested last Saturday 12:24am PST by 
keyeshoveden: There are no more business days until the end of November so this can't happen.
keyeshoveden: There are no more business days until the end of November so this can't happen.
Suspended last Saturday 5:17am PST by bayoubear: End of the business days indicates a need to suspend this question, allow settlement should still wait until after Sunday...just in case something remarkable is announced.
bayoubear: End of the business days indicates a need to suspend this question, allow settlement should still wait until after Sunday...just in case something remarkable is announced.
Settled as 'No' Yesterday 9:49am PST by bayoubear: No news reports by the end of November regarding Green taking over Baugur.
bayoubear: No news reports by the end of November regarding Green taking over Baugur.
Suspend date: last Sunday 11:59pm PST Settlement date: Yesterday 9:49am PSTPrediction cut-off: Predictions on this question after last Sunday 11:59pm PST have been voided because they were made after the question could be settled
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score: 10
The Independent 4 days ago
& Share Moss Bros lost more than a third of its market value yesterday after the tycoon Sir Philip Green said he had no plans to launch a takeover bid for the menswear retailer and suit hire group. Sir Philip, whose investment vehicle Warbeck bought a 28
score: 10
Guardian Unlimited 5 days ago
Billionaire retailer Sir Philip Green is around £2.3m poorer this afternoon. He paid £6.7m for a 28% stake in menswear retailer Moss Bros - 24.95p a share - on November 12
score: 10
Sky News 5 days ago
want it! Pick your News BREAKING Shares in Moss Bros have surged by 65% after billionaire retailer Sir Philip Green said he was considering a takeover bid. Sir Philip now owns a quarter of the business The tycoon has bought a 28% stake in the menswear
score: 10
The Scotsman 2 weeks ago
swashbuckling billionaire, fond of private jets and celebrity parties in the Mediterranean sun. And while friends of Sir Philip Green say the public image conceals a natural caution, he clearly knows how to spot a good deal. This week, as he sits down
score: 10
Guardian Unlimited 2 weeks ago
Sir Philip Green, the retail billionaire, indicated yesterday he may move quickly to snap up struggling Moss Bros as he bought a 28.5% stake in the menswear retailer for 6.7m
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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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