The Week: City news - Woolworths rejects offer
campaignlive.co.uk, Friday, 22 August 2008 12:00AM
Malcolm Walker, the owner of Iceland, has had a takeover bid rejected by the struggling high-street retailer Woolworths.
The Baugur Group, the Icelandic investment company that owns 10 per cent of Woolworths, backed the offer, which is thought to have totalled less than £50 million. The retailer said that the offer was too low and would have burdened it with pension liabilities.
This article was first published on campaignlive.co.uk
- Senior Digital Designer Twist Recruitment £35000 - £42000 per annum + benefits, City of London
- Media Business Director PFJ £70000.00 - £90000 per annum, London
- PERFORMANCE PLANNING DIRECTOR - MOBILE BRAND! Ultimate Asset £45000 - £60000 per annum + Benefits, London
- Mid Weight Graphic Designer - Consumer agency JEFFERSON £28-35k plus benefits, SE Surrey
- Category Insight Manager - 12 mths contract Tarsh Lazare Marketing Recruitment c.£50K-£56K + Benefits + Generous Bonus, Herts/North of London
- Evian baby Spider-Man 'rescues' fans with Twitter answers
- Three's pony and cats with thumbs top the cute Easter ad chart
- McCann wins Qatar Financial Centre brief
- CEO Gail Gallie departs Fallon
- Samsung calls global advertising and media review
- Ex-M&S marketing chief Steven Sharp is consulting for WPP