Monday 21 April 2014
 
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Iceland Foods

UK supermarkets eye Iceland Foods stake

First-round bids for a majority stake in British grocer Iceland Foods are due around Wednesday with supermarket groups Wm Morrison and Wal-Mart's Asda likely to take part in it, sources said. However, Morrisons and Asda may be interested o

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GBCorp group 'eyeing $2.4bn bid for retailer'

Bahrain's GBCorp is believed to be leading a regional consortium to launch a £1.5 billion ($2.4 billion) bid for retailer Iceland Foods. GBCorp has declined to confirm it was involved in a move for the frozen food chain but a repr

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