More retailer news
On Sunday 1 May 2106, Conviviality Retail confirmed it would be acquiring Bibendum PLB for £60 million following shareholder approval. Diana Hunter, chief executive officer of Conviviality Retail and Bibendum PLB chief executive officer Michael Saunders talk with Harpers.co.uk about the deal.
Conviviality Plc has announced its subsidiary Conviviality Brands Limited has conditionally agreed to acquire Bibendum PLB for an ‘enterprise value’ of £60 million.
Failing the emergence of a last-minute saviour, BHS looks set to slide into administration this week, joining a list of major high street casualties that includes Comet, Woolworths and JJB Sports.