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Andrew Barrow

19 Dec

For those following the collapse of the Unwins chain of off-licences the Telegraph reports that 25 interested parties have expressed an interest in the group. Some have submitted offers. My guess is that the extate will be broken up and not sold as a going concern. My local branch is closed others are reported to have been replaced by charity shops. br>
BusinessTelegraph.com
“Unwins spent all of yesterday in talks with its lawyers, DLA Piper, and Kroll, the corporate restructuring specialist, assessing the offers to see if there were any refinancing routes available. “The offers were for either all or parts of the business, and they were serious,” said a source close to the talks.”

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