Deloitte & Touche advised a buy-out team led by George Foster, the current chief executive of TJ Hughes.
JJB had received criticism for its foray into discount retailing which began with its £42m cash purchase of TJ Hughes in March last year.
Foster led an unsuccessful bid for TJ Hughes early last year, offering £36m. He has been chief executive of the discount retailer since 1997.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.