Restructuring firm eyeing HMV's shut stores

Hilco, a British firm that specialises in restructuring distressed businesses, has expressed an interest in acquiring the Irish arm of HMV, the music and DVD retailer.

Ian Kehoe - avatar

Ian Kehoe

20th January, 2013
HMV's now-closed flagship store on Grafton Street in central Dublin. Photo: Tony O'Shea

Hilco, a British firm that specialises in restructuring distressed businesses, has expressed an interest in acquiring the Irish arm of HMV, the music and DVD retailer.

Hilco, which is headed by Irish businessman Paul McGowan, is working with its advisers on a bid for the Irish operation, and has already made contact with Deloitte, the accountancy firm, which was last week appointed as receiver to the loss-making retailer.

Hilco had been linked with a move...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago