01/11/2012

Comet 'Close To Administration'

Electricals retailer Comet is set to file a notice to appoint administrators, according to reports.

The company is expected to file the notice and appoint Deloitte as potential administrator, Reuters reports.

The jobs of 6,500 staff in 240 stores are at risk.

Comet was acquired by private investment firm OpCapita for a nominal £2 fee from Darty in February, with Darty paying OpCapita a £50 million dowry to take the business.

(GK)

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