GENERAL MERCHANDISE NEWS
Icelandic fund KCAJ in talks over UK stakes
14 January, 2009 | by Retail Bulletin
Icelandic group KCAJ which has stakes in high street retailers including Jones Bootmaker and Mountain Warehouse is in emergency talks regarding its future.
Kcaj, an Icelandic investment fund has held talks with restructuring specialist Deloitte over future options, which could include administration and subsequent disposal of its UK retail shareholdings.
