Dresdner clears Baugur, Hunter out of House of Fraser

  • 17 Sep 2004

Icelandic retail company Baugur Group and UK businessman Tom Hunter on Monday sold a 21% stake in department store chain House of Fraser, raising £55.6m.

Lead manager Dresdner Kleinwort Wasserstein sold the 49.2m shares, equal to about 60 days' trading, at £1.13, a discount to ...

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