Iceland retail boss Malcolm Walker today led a £1.45 billion deal to buy back the frozen food chain he founded more than 40 years ago.
The Flintshire-based business was bought back from its creditors, the collapsed Icelandic bank Landsbanki.
Mr Walker and his senior management team already held 23% of the business but will now have full operational and board control
I am utterly delighted that we have been able to conclude a deal that ensures a secure, independent future for this great British company.
More top news
Carwyn Jones speaks to Labour's conference after the party's decision to re-elect Jeremy Corbyn as leader
There was disappointment for Swansea City after they lost to Manchester City for the second time in a week.
Windy with outbreaks of heavy rain pushing across the area through the evening and first part of the night.