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

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...

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