Summer sales

20 Aug 2008 By Aliza Rosenbaum

The Icelandic investment firm has long coveted the US luxury retailer. Its recent lowball bid for Woolworths in the UK shows it s on the prowl for retail assets. Saks’ dismal results and slumping stock could give Baugur an opportunity to snap it up for a bargain price.

This content is for Subscribers only

or
If you need assistance please email breakingviews.clientsupport@thomsonreuters.com
 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)

We need you to verify your email address to continue. Please check your email/junk folder for our verification request.

Click here to resend the verification email.