Malcolm Walker, founder and CEO of the retailer, has held preliminary meetings with advisers appointed by the Resolution Committee of Landsbanki, the failed Icelandic bank which owns a 67% stake, over upping his bid. Last year Mr Walker made a £1bn offer, however the Resolution Committee is looking for an offer between £1.8bn and £2bn.
Iceland Foods Founder Kicks Off His Bid To Buy The Chain
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