Hamleys parent bids for Woolworths

Retailer rejects bid by Baugur to acquire its stores.
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According to reports, the plan by Icelandic investment group, which is the retailer's second biggest shareholder, was to break up the group and acquire its stores.

This would see the retail stores split from the group's wholesale and DVD publishing divisions.

To read the full story, click here for the link to sister site ToyNews.

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