Baugur now owns 5.5\% of Somerfields shares, but they will be sold to the Iranian businessman Roberts Tchenguiz for 190 pens a piece for about 55 million pounds. Baugur will probably earn 30 million pounds by selling them.
Baugur used to own 5.5\% of Somerfield's shares, but they will be sold to the Iranian businessman Roberts Tchenguiz for 190 pence per share, in total about 55 million pounds. Baugur will probably earn 30 million pounds by selling them.
R
now owns
used to own
R
Somerfields
Somerfield's
R
pens a piece for
pence per share, in total