Written By: Bookseller Staff Publication Date: Tue, 26/04/2011 - 08:47 Russian billionaire Alexander Mamut could reportedly buy Waterstone's for £35m. The oligarch could close a deal for the British high street retailer as soon as this week, the Sunday Times reports. There are also reports that parent company HMV Group may be considering a procedure known as company voluntary arrangement (CVA), a form of insolvency which could release HMV from onerous rent payments on its shops and provide a ring-fence around the company that would enable it to continue trading. read more Continue reading at 'The Bookseller'
[ The Bookseller | 2011-04-26 00:00:00 UTC ]