Top Woolworths investor says no to GBP50m takeover offer
on Wednesday, September 3rd, 2008 at 12:00 am
Times Online - Woolworths’ biggest shareholder has thrown his weight behind management in rejecting Malcolm Walker’s £50m takeover approach, while refusing to deny that he is planning his own bid for the struggling retailer.
Iranian property tycoon Ardeshir Naghshineh, who has built up a 10.2% stake in the firm, told The Sunday Times: “Walker is […]

