No taker for Mega World
Belgian bankrupt outlet chain Mega World has not found a buyer after all: the bid of the only candidate, a German retailer, turned out not to be sufficient. "Bid was too low” On Friday, the candidate buyers had to formally submit their bid. In the end, there was only one bidder: an unnamed German retail chain that had already expressed its interest. "But it still had some preconditions and the price it offered was far too low," trustee Thierry Lammar told news agency Belga. According to him, the offer was far too low. Moreover, the Germans demanded the certainty that they would be able ...
Source: retaildetail.eu