Summary
TOM Hunter, the Scottish retail entrepreneur, has been linked with a fresh offer for House of Fraser amid reports that bidders are again circling the department store chain.
House of Fraser is understood to have endured a tough Christmas and potential acquirers are believed to be ready to exploit any weakness in its share price after the company issues a trading update this month. They are reported to include Hunter - who already has nearly 11% of Fraser's equity - and Icelandic retailer Baugur. A number of private equity groups are also said to be showing interest, most notably Permira.See the full content of this document
Extract
Hunter Linked with Fresh Bid for Store Chain
Hunter approa...
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