*

Hitt og þetta 14. febrúar 2006

DJ Baugur Buys More Woolworths Grp Shrs, Holds 8.06% >WLW.LN

LONDON (Dow Jones)--Amid takeover talk surrounding struggling U.K. retailer Woolworths Group PLC (WLW.LN), Icelandic investment firm Baugur Group HF (BAUGUR.YY) has increased its shareholding to 8.06%.

In a share notice to the London Stock Exchange Tuesday, Woolworths said Baugur has acquired a further 27.4 million shares, or 1.88%, in the company in recent days.

The purchase follows Woolworths' initial disclosure Feb. 9 that Baugur had bought 90.0 million shares, or a 6.18% holding, in the group.

Baugur, which has a reputation as an aggressive buyer in the market, wasn't immediately available to comment on its plans regarding Woolworths.