‘Wilko’s rescue deal fiasco is a distraction from the real problem’

Wilko Kingston

Despite multiple retailers, business owners and private equity firms throwing their hats in the ring, a full rescue deal has yet to be achieved. British billionaire and founder of investment firm Flacks Group Michael Flacks was linked to financing a deal for private equity firm M2 Capital, but this was quickly and firmly shut down — he told The Sun: “I am not interested in Wilko, I believe it should have died years ago. It needs to die.”

 

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