RO
https://www.a516digital.com/2018/07/ideal-world-up-for-sale-reports-that.html
rob
Founding member
Quote:
Teleshopping channel Ideal World appears to be the latest retailer to be struggling.
The Peterborough-based Ideal Shopping Direct is up for sale, just three years after private equity firm Blackstone acquired the business, which runs a number of services across Freeview, Sky, Freesat and Virgin Media.
Local media reports that the 500 staff at the company face an uncertain future. Meanwhile, The Sunday Times Business section reported that the company could be sold by Blackstone for less than half the price it paid three years ago. It reported that trading had "suffered" recently.
The Peterborough-based Ideal Shopping Direct is up for sale, just three years after private equity firm Blackstone acquired the business, which runs a number of services across Freeview, Sky, Freesat and Virgin Media.
Local media reports that the 500 staff at the company face an uncertain future. Meanwhile, The Sunday Times Business section reported that the company could be sold by Blackstone for less than half the price it paid three years ago. It reported that trading had "suffered" recently.
https://www.a516digital.com/2018/07/ideal-world-up-for-sale-reports-that.html