PPR prepared to divide and sell Redcats

If it were unable to find a single buyer, PPR would be prepared to divide up Redcats and sell the parts, according to Bloomberg. The economic situation in Europe and the difficulties that a potential buyer would face in trying to get sufficient funds together for a complete takeover are obviously playing their part. The Cyrillus modelJust last April, however, a Barclays bank memo listed nine potential buyers for PPR’s online retail subsidiary. It’s known that the group has already removed

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