Wilko administrator sets bidders deadline for buying ailing chain

PricewaterhouseCoopers (PwC) has asked interested parties to submit initial offers for the discount retailer by Wednesday after its collapse into administration last week, Says on Sky News today.

Bidders for the ailing retailer Wilko have been given until Wednesday to table offers for the company after its collapse into insolvency last week.

PwC, which was appointed as administrator on Thursday, is seeking offers by the middle of this week as Wilko faces running out of cash.

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