RE: Split10 Mar 2025 07:24
Latest from Sky news- we should know outcome at time of results in April.
Doug Putman, the owner of HMV and widely tipped as a logical bidder for the chain, is no longer in talks with bankers at Greenhill, although he could yet try to pitch a new offer before the auction concludes, according to insiders.
Alteri, which owns Bensons for Beds and had a disastrous spell in control of Missguided, the fashion brand, and Modella, which recently bought The Original Factory Shop and also owns Hobbycraft, would be expected to conduct major surgery on WH Smith's high street business if they took control.
A definitive deal could be announced at the time of WH Smith's interim results in April.