'Second last-minute bid launched to save Wilko which could keep chain trading'

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'Second last-minute bid launched to save Wilko which could keep chain trading'
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A new bid worth £90 million has been made by a restructuring specialist, it is claimed

Canadian businessman Doug Putman, who bought music retailer HMV in 2019, was believed to be making an offer – which does not meet legal requirements, according to reports.

“Losing Wilko will not only put 12,500 people out of work across the country, but would also be another nail in the coffin of the high street. A spokesperson for PwC said: “Since our appointment as administrators of Wilko, we have worked relentlessly to secure a sale of the business, and talks are continuing with a number of parties.

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