Iceland backs off from BhS

21 March 2000

Iceland backs off from BhS

ICELAND, the food retailer is expected to announce on Tuesday (21 March) that it is no longer interested in making a bid for Storehouse – the BhS and Mothercare group.

Chief executive Malcolm Walker, who is due to reveal annual results, will issue a statement saying tentative talks with Stonehouse are at an end, reports the Financial Times.

Iceland revealed earlier this month that it was in talks with loss-making Stonehouse.

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