BusinessCompany NewsKPMG set to announce Courts’ bids

KPMG set to announce Courts' bids

KPMG is today expected to announce it has received offers for parts or all of the embattled furniture company Courts from up to 100 interested parties.

Link: Ninety jobs saved at Courts

Those interested in buying the stores, which have faced hundreds of angry customers since the company went into administration last week, had to submit their bids by last night. The administrators hope to have secured a new owner in time for the Boxing Day sales.

Running battles between disgruntled customers and store staff reached a climax when a security guard had his arm broken yesterday while trying to protect the Milton Keynes store from angry customers wanting their deposits returned, The Daily Telegraph reported.

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