Sky News
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Wilko rescue bid collapses placing jobs at risk
Posted
August 31, 2023
Views
9,194
Likes
32
Comments
6
Engagement
0.41%
August 31, 2023
9,194
32
6
0.41%
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1:33Now PlayingA bid to buy the entire Wilko business has fallen through, Sky News understands.
Private equity firm M2 Capital had hoped to purchase the discount homeware chain and its 400 stores, but the deal is off following talks with administrators PwC.
Job losses are now expected among Wilko's head office, distribution and support centre staff.
#wilko #ukeconomy #joblosses
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