14-08-2023 12:29 via retailgazette.co.uk

Wilko administrators set deadline for rescue bids

The administrators of Wilko have given bidders until Wednesday to submit their offers for the ailing retailer following its collapse last week.
PwC has told interested parties to put forward its rescue bids by the middle of this week before the discount chain runs out of cash, Sky News reported.
Several private equity firms – Laura Ashley-owner Gordon Brothers, Bensons for Beds-owner Alteri and OpCapita – and a rival retailer are said to be considering offers, but a full takeover of
Read more »