Ben
10th November 2005, 10:20 AM
http://news.bbc.co.uk/1/hi/business/4421036.stm
The founder of UK mobile phone retail chain Phones4U has put the for sale sign up over his entire business.
Billionaire John Caudwell said he had taken the step after receiving "many offers" for all or part of the business from prospective buyers.
The decision followed a strategic review of the whole of Caudwell Group.
Mr Caudwell, who is ranked 29th in the Sunday Times Rich List, set up the business with his brother in 1987. Its annual sales now exceed £2bn ($3.5bn).
As a result of the decision to put the entire business up for sale, the group said it had delayed any final decision on the sale of its fixed-line Caudwell Communications business which it put on the market last month.
See link for more. Lets hope it gets bought by someone with a soul! :)
The founder of UK mobile phone retail chain Phones4U has put the for sale sign up over his entire business.
Billionaire John Caudwell said he had taken the step after receiving "many offers" for all or part of the business from prospective buyers.
The decision followed a strategic review of the whole of Caudwell Group.
Mr Caudwell, who is ranked 29th in the Sunday Times Rich List, set up the business with his brother in 1987. Its annual sales now exceed £2bn ($3.5bn).
As a result of the decision to put the entire business up for sale, the group said it had delayed any final decision on the sale of its fixed-line Caudwell Communications business which it put on the market last month.
See link for more. Lets hope it gets bought by someone with a soul! :)