BusinessCorporate FinancePwC juggles 200 Rover buyers

PwC juggles 200 Rover buyers

Administrator weighs up hundreds of bids for sections of Rover.

Rover administrator PwC said today it had received more than 200 expressions of interest in buying all or part of MG Rover.

The number is an increase on the 70 interested parties referred to by PwC on Friday.

It includes 16 from overseas, PwC said.

Tony Lomas, joint administrator at PwC, said: ‘Efforts have continued to deal with enquiries from prospective buyers, following the news last week that SAIC have no interest in acquiring the business as a going concern. We are busy prioritising [the enquiries] and developing the interest of those we consider most credible.’

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