Business news

BBC: Comet electrical stores sold by Kesa for £2

Anglo-French electrical goods retailer Kesa has announced plans to sell off its troubled UK-based Comet stores to a private equity firm for just £2.

Apparently, they nearly blew the deal when they tried to sell the private equity firm an extended warranty.

By Richard Carter

A fat, bearded chap with a Charles Darwin fixation.

5 comments

  1. Damn and blast! I am after a new TV and could have got thousands of em for two quid.

  2. The chief executive declined to be interviewed - he merely responded 'no comet'.

Leave a comment

Your email address will not be published. Required fields are marked *