Auction of Very Group halted as bidders fail to hit £2bn asking price
Culture Index
Score Breakdown
Relevance
14/25
Freshness
25/25
Authority
18/20
Brand Signal
9/15
Depth
6/15
5-Axis Cultural Radar
The sale of multi-brand online retailer Very Group is close to being scrapped, according to reports. Sky News has learnt that a sale process is unlikely to proceed after potential bidders, including the Chinese marketplace JD.com, refused to meet the £2bn asking price. In June, it was reported that US private equity firm Carlyle had...
