The UK's third biggest electrical retailer, which went into receivership last week, has received several expressions of interest, according to receivers at Deloitte & Touche.
It is understood that possible buyers include catalogue chain Argos and electrical goods retailer Dixons.
Although the administrators are looking to sell the company as a going concern, the analysts say the buyers are more likely to try buying it in parts.
Mintel analyst Richard Perks told the BBC: 'I think it will be split up. I don't think anyone will want to take it as an ongoing concern.
'Its stores on the whole are too small for electrical retailing, which is why I wouldn't expect to see Comet or Currys take too many of them.'
So far, the receivers have closed almost half of its 223 stores and made at least 800 redundancies
Are you a Spanish or Portuguese speaking graduate or ‘first jobber’ with strong numeracy and communication skills, a desire to be part of a rapidly expanding business and entrepreneurial in outlook? My client is a ... more >
Leading charitable organisation is seeking to recruit a Finance Manager. This critical role is within a highly respected team, which is collectively responsible for effective corporate and business planning. The role reports into the Head ... more >
Assistant Accountant required for a large multinational, Blue Chip organisation based in the Thames Valley. This role has become available due to the current incumbent being seconded, due to this our client will require the ... more >
Assistant Accountant required for a large Public Sector organisation based in the Thames Valley. This role has become available due to an internal re-structure, due to this our client is looking to appoint a candidate ... more >
More Jobs in Finance
RSS feeds