London, Nov. 19 (ANI): Woolworths, one of the United Kingdom’s largest retailers with 800 shops, is in talks to sell its troubled retail arm to restructuring specialist Hilco.
According to The Telegraph, the talks are still at a “very early stage”.
Any deal is likely to see the retail business sold to Hilco for a nominal sum. But even if Hilco and the Woolworths board can agree on a deal they will also have to secure the support of the retailer’s lenders, the paper said.
London, Nov 19 : The sale of an “aggressive” beer, which is under the name Punk IPA, is facing ban following a ruling that it would incite irresponsible drinking.
Made by BrewDog in Fraserburgh, Hop Rocker and Rip Tide, the drink and two others, were found to have breached marketing rules in a provisional decision by the Portman Group, a self-regulating industry body.
It decided Rip Tide''s description as a "twisted merciless stout" would be linked to antisocial behaviour, while the claim that Hop Rocker was a "nourishing foodstuff" and that "magic is still there to be extracted" referred it would enhance physical and mental capabilities.
London, Nov 19 : English comedian Russell Brand has sparked outrage yet again by taking part in a seedy motel photo shoot with a sex doll, and by joking about groping the Queen.
Brand, 33, who is supposed to be keeping a low profile in the US, revealed his thoughts when he met Her Majesty.
“Grab her f*****g t*t,” the Sun quoted him as saying.
After his admission, the actor then simulated a sex act on stage, joked about having seen Britney Spears'' private parts, and boasted about bedding women.
London, Nov 19: The sale of an “aggressive” beer, which is under the name Punk IPA, is facing ban following a ruling that it would incite irresponsible drinking.
Made by BrewDog in Fraserburgh, Hop Rocker and Rip Tide, the drink and two others, were found to have breached marketing rules in a provisional decision by the Portman Group, a self-regulating industry body.
London, Nov. 19 : Woolworths, one of the United Kingdom’s largest retailers with 800 shops, is in talks to sell its troubled retail arm to restructuring specialist Hilco.
According to The Telegraph, the talks are still at a “very early stage”.
Any deal is likely to see the retail business sold to Hilco for a nominal sum. But even if Hilco and the Woolworths board can agree on a deal they will also have to secure the support of the retailer’s lenders, the paper said.