Baugur has bought an 8.8 percent stake in Saks Fifth...
Baugur has bought an 8.8 percent stake in Saks Fifth Avenue and its 54 stores for an estimated $243 million. In 2006, the 3,900-odd stores controlled by the Icelandic investment group had combined revenues of about $20 billion. Among other properties, Baugur owns House of Fraser, the British department store ...
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