04-07-2023, 10:12 AM
(04-07-2023, 12:14 AM)WillPS Wrote: Frasers' usual trick is to build a big enough shareholding/loan facility that they can force the business in to administration and then purchase (or even lease) the bits they want immediately. It's called a pre-pack administration.That sounds exactly what they've done here.
If the opening paragraph of that article is correct, it's a done deal so curious why the statement mentions other interested parties