Last Updated on 19th October 2013

Baugur, the acquisitive Icelandic investment group, added low-price clothing chain Mk One to its basket of British companies yesterday with an agreed bid of ?55m.
In the past year, the Reykjavik-based group has spent ?455m buying some of the best-known shops in the country from toy store Hamleys to high street chains Oasis and Goldsmiths the jewellers.

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