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Old 24-08-2023, 18:57   #29
1andrew1
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Re: Wilko on brink of collapse

Quote:
A Canadian business tycoon behind the rescue of HMV, could also be the saviour for another UK high street staple, Wilko, as talks on a deal worth tens of millions of pounds take place.

Retail mogul Doug Putman, 39, whose family also owns Toys R Us in Canada, is understood to currently be in talks with Wilko bosses, in an 11th hour move that could save 4,000 jobs.

Mr Putman is believed to have flown into the UK for the talks, with sources claiming that his management team had been spotted in London Wilko's headquarters in Worksop, Nottinghamshire.

One source told The Times: 'There have been long, long meetings, so he's been working round the clock by the looks of things.'
https://www.msn.com/en-gb/money/othe...198f4d1b&ei=10
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