Online Retailer Very Group Scraps Auction as Bidders Fail to Hit £2bn Asking Price

Carlyle Set To Shelve Sale Of The Very Group After Bidders Balk At £2 Billion Price Tag

Carlyle is set to abandon the planned sale of The Very Group after potential buyers, including Chinese e-commerce giant JD.com, failed to meet the private equity firm’s £2 billion minimum asking price. The auction process, launched earlier in 2026, is now unlikely to proceed, leaving Carlyle as the owner of the online retailer for the […]

Online retailer Very Group scraps auction as bidders fail to hit £2bn asking price

An auction of Very Group, one of Britain's biggest online retailers, is close to being scrapped after potential bidders including the Chinese behemoth JD.com refused to meet the £2bn asking price.

Auction Of Very Group Expected To Be Halted After Bidders Fail To Meet Asking Price

An auction of Very Group, the owner of online retail brands Very and Littlewoods, looks set to be scrapped after potential bidders refused to meet the £2bn asking price. According to Sky News, the sale process, which was launched by (more…) The post Auction Of Very Group Expected To Be Halted After Bidders Fail To Meet Asking Price appeared first on KamCity.

Very Group sale scrapped as bids miss £2bn target

Carlyle took control of Very Group for £1 in November 2025 following a financial restructuring of its former parent company. Read the full story at Retail Sector.

Very Group abandons auction as bidders fail to hit £2bn asking price

Drapers Very Group abandons auction as bidders fail to hit £2bn asking price The Very Group owner Carlyle is said to have abandoned the sale of the online retail group, as bidders were unable to meet the £2bn asking price.

Auction of Very Group halted as bidders fail to hit £2bn asking price

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...