Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Wednesday 18 May 2016 10:24 pm

More BHS bidders revealed following deadline for offers

By: Caitlin Morrison

Add as a preferred source on Google

Hilco Capital has been named as one of the bidders for beleaguered department story chain BHS, following last week's deadline for offers.

BHS went into administration last month, and the company had reportedly attracted the interest of five suitors hoping to buy the whole of the high street retailer ahead of last week's bid deadline.

Hilco, reported by ITV to have submitted an offer, is known for buying music and DVD retailer HMV out of administration in 2013.

Mike Ashley's Sports Direct, Swedish furniture giant Ikea, discount retailer B&M and Edinburgh Woollen Mills have been reported as interested in some or all of the retailer, as have Matalan founder John Hargreaves, and Select Retail owner Cafer Mahiroglu.

BHS' most recent boss Dominic Chappell is also said to be interested in bidding too. Chappell bought BHS for £1 from Sir Philip Green in 2015.

MPs confirmed earlier today that forming racing driver Chappell is to be hauled in front of the two MP committees investigating the retailer's demise.

The business, innovation and skills committee and the work and pensions select committee are probing the handling of the sale of BHS from Green to Chappell and its £571m pensions deficit

Chappell is to appear in front of the MPs on 8 June, alongside BHS management and the board of Retail Acquisitions, the vehicle through which BHS was bought.

Hilco Capital has been contacted for comment.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Brewdog chief executive quits after only one year

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

  • UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle

  • Canary Wharf’s reinvention is a triumph

More from City PM

  • Wealth advisory firm set for £240m sale as bidders circle

    Markets
    Lloyds of London iconic building exterior with modern architecture and bustling city street in the foreground
  • STOKR Secures CASP and PI Licences in Luxembourg Ahead of MiCAR Deadline

    Business Wire
  • Coca-Cola brings in restructuring lineup over failed Costa sale

    Advisory
    Costa Coffee was acquired by Coca-Cola in 2019. (Photo by Dan Kitwood/Getty Images)
  • Pockit taps shareholders for £13.4m after losses quadruple

    Fintech
    Pockit financial technology interface showcasing user-friendly design and innovative digital banking solutions
  • NBA Europe bids fall short of $500m mark for some city franchises

    Sport Business
    GettyImages 2280081301 showing a business conference with diverse attendees engaged in a lively discussion around a table.
  • P&O Ferries to be probed over possible audit failings

    Accountancy
    PO Ferries vessel docked at port under a clear sky, showcasing maritime transport and travel industry operations.
  • Government-backed ESG reporting platform put up for sale as firms backtrack on eco-goals

    Business
    ESG reporting platform G17 Eco backed by British Business Bank, symbolizing corporate sustainability challenges
  • As it happened: Starmer dealt defence blow as investors react

    Markets
    Healey and Starmer engage in discussion at a public event, focusing on key policy issues and future strategies.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy