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The Comet in administration thread


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It was last year, BBC reports.

 

Private equity firm OpCapita, which owns the 240-store business, has lined up restructuring specialist Deloitte to act as administrator. OpCapita bought Comet last year for £2, but the business has struggled from the downturn in consumer spending.

 

Mind, for £2 what did the purchaser expect? Maybe it can return the purchase and demand a refund (as it doesn't seem to work).

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