What next for WHSmith’s high street business as ownership race heads into final furlong?
According to recent reports, the race for WHSmith is down to the final two bidders: Alteri Investors and Modella Capital. Both firms have experience with buying and taking over distressed retailers, with Alteri snapping up Bensons for Beds in 2020, and Modella Capital taking over Hobbycraft in 2024, and recently completing a deal for The Original Factory Shop in February this year.
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