The chain went into administration two weeks ago. There are 400 stores across the country
Another bid has been put forward to save retailer Wilko, according to reports. The chain went into administration two weeks ago, which has put the future of its 400 shops in doubt.
Now a second last-minute bid worth £90 million has been made by restructuring specialist M2 Capita, the Guardian reported, which could keep the entire Wilko chain trading. Reacting to reports of a second bid, Andy Prendergast, GMB national secretary, told the PA news agency: "The devil is in the detail but any bid that guarantees jobs must be prioritised.
It comes after Canadian businessman Doug Putman, who bought music retailer HMV in 2019, was believed to be making an offer – which the BBC reported is unlikely to meet legal requirements. PwC said talk of Mr Putman’s bid was “speculation”.
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