The Egyptian billionaire sold Harrods for £1.5 million and despite his interest insiders claim that Mr Whittaker still has the edge.
Island based billionaire John Whittaker has come up against significant competition in his bid to takeover Pinewood studios.
Former Harrods owner Mohammed al Fayed has publicly stated that he is considering to make a cash offer for the studios, most commonly associated with the James Bond and Harry Potter series.
Al Fayed’s intentions were made public just a fortnight after Mr Whittaker’s Peel Group launched their takeover bid for the company, valued just shy of £90 million.
The Egyptian billionaire sold Harrods for £1.5 million and despite his interest insiders claim that Mr Whittaker still has the edge.
Difficult to compare Island's Hospice funding with UK, says minister
Mountain Road to close because of gales
New amber warning issued for tonight's storm
Police appeal over theft of building materials
One of capital's oldest buildings may become housing
New NHS safety rule to be brought in on Island
Two city streets to shut for over six months
Revamp of airport terminal planned, says DOI
