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Article: Baugur may cut offer for Big Food Group.(Brief Article)
- Article from:
- Nordic Business Report
- Article date:
- November 15, 2004
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NORDIC BUSINESS REPORT-15 November 2004-Baugur may cut offer for Big Food Group(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com
Reports say that Icelandic retail group Baugur may be preparing to lower its proposed offer for grocery chains operator Big Food Group.
Big Food Group recently reported a decline in sales and a first-half pre-tax loss of GBP9.0m and analysts believe that the company may be forced to accept a bid ...