The owner of Laura Ashley is considering a bid for Wilko as the homeware chain teeters on the brink of administration.
Investment and restructuring firm Gordon Brothers is in talks about a possible funding agreement for Wilko, but its chances of sealing a deal are thought to be “relatively low”.
Wilko filed for creditor protection last week and a notice of intention to appoint administrators as it struggled to restore its finances using a £40m loan from the retail investor Hilco.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
