Wilko private equity takeover talks collapse, putting thousands of jobs at risk

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Wilko private equity takeover talks collapse, putting thousands of jobs at risk
Danmark Seneste Nyt,Danmark Overskrifter
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Around 1,300 roles are immediately at risk, but administrators hope to save many more in order to keep stores running.

Earlier this week, the GMB union said that administrators had suspended any potential redundancies as administrators consider a fresh batch of rescue bids.

PwC is still open to bids for other parts of the business, some of which are already under consideration. Wilko was founded as Wilkinson Cash Stores by James Kemsey Wilkinson in 1930 in Leicester. It remains under the private ownership of the family.

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