desertranger
Registered Shopper
- Joined
- Nov 15, 2015
- Messages
- 251
Peterborough's Ideal Shopping Direct under new ownership after sale ...
The company, of Newark Road and which employs about 800 people, has been bought by pan-European asset manager Aurelius
https://www.peterboroughtoday.co.uk...under-new-ownership-after-sale-deal-1-8577873
The selling of Ideal Shopping Direct was a time limited offer and Aurelius were therefore advised to "Just buy it!". I believe it was a leveraged buyout financed on flexi-pay. Peter Simon is expected to be appointed as head of corporate ethics.