UK: Bhs Chief To Quit, Bids For Rubicon – Paper
The chief executive of Bhs, Terry Green, has approached Rubicon, the group of retail chains being spun off by Arcadia Group PLC, it was reported on Sunday. According to the Sunday Times, Green will leave Bhs in the next few weeks and is currently in talks to buy Rubicon - which includes the Warehouse and Principles brands - for £60 million.