Former Baugur head pleads not guilty
The former head of Icelandic investment group Baugur has pleaded not guilty to fraud charges relating to his actions leading up to the country’s 2008 ...
Former Baugur head formally charged in Reykjavik
The former chief of Icelandic investment firm Baugur has been indicted on charges over wrongdoing dating from before the 2008 Iceland banking collapse...
Baugur files for bankruptcy
The Icelandic investment company Baugur has filed for bankruptcy Dagens Industri reports. The company’s protection from creditors was cancelled ...
FL Group changes name to Stodir
FL Group announced today that it has been rebranded as Stodir and has acquired of a 39% stake in the Baugur Group under the new name. With the transac...
Baugur Group sells Icelandic holdings
Baugur Group, a large investment company based in Iceland, has decided to sell off part of its holdings in order to focus on retail investments. As a ...
CNBC interviews Baugur boss
In an interview on Squawk Box on the US television network CNBC, Jon Asgeir Johannesson, Executive Chairman of Baugur Group, spoke of “interesting tim...
Styrkur Invest holds a 39.05% stake in FL Group
After Baugur Group’s changes today, Styrkur Invest now holds 39.05% of shares in FL Group. According to Styrkur Invest spokesman and its CEO, Ei...
Baugur Group supports the Sun Fund
For 2007 Baugur Group has decided that instead of producing the annual New Year’s TV greeting, the company will support The Sun Fund. The fund was est...