Breaking news
Raj Chatha's EFB (European Food Brokers) Retail Ltd are rumoured to be in pole position to take over a substantial number of the remaining Oddbins shops with a bid that is substantially bigger than any other bids on the Deloitte table. The deal may have been cut late Thursday night/early Friday morning.
Jim's Loire understands that an announcement will be on Tuesday. However, the EFB bid success has not been confirmed and should be treated as rumour although the source is well placed and has been accurate before. It has not been possible to contact the administrator at Deloitte for confirmation.
Jim's Loire understands that an announcement will be on Tuesday. However, the EFB bid success has not been confirmed and should be treated as rumour although the source is well placed and has been accurate before. It has not been possible to contact the administrator at Deloitte for confirmation.
EFB Retail Ltd was incorporated in 1996. In 2009 they acquired 109 Wine Cellar Stores, when it went into administration. In late 2009 the company mad ean unsuccessful attempt to buy 200 stores from Threshers' administrators – KPMG. The company is based in Walsall in the West Midlands.
I gather staff in Eire have received payslips for April. They have been paid until the 20th of April, although apparently had been told they would be paid up until the 28th.
I gather staff in Eire have received payslips for April. They have been paid until the 20th of April, although apparently had been told they would be paid up until the 28th.
Correction (Sunday 24th April 11.40)
Just had a call from Lee Manning of Deloitte's to tell me that the rumour is incorrect – see next post.
