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Very Group owner Carlyle plans £2bn auction of online retailer
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Very Group owner Carlyle plans £2bn auction of online retailer
Carlyle, the owner of online retailer The Very Group, is reportedly preparing to launch an auction of the business, valuing it at about £2bn, according to Sky News. It is understood that the US private equity firm is lining up Barclays and JP Morgan to advise on a sale of the group, which sells fashion, toys, and electrical goods through its Very and Littlewoods brands. Documents filed at Companies House show that administrators expect an “imm…
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