Sunday, 15 March 2015

BHS individuals - part 2

It's still not clear who the "individuals" are behind the BHS deal despite the fact that several top Sunday newspaper business reporters had a good stab at trying to unveil their identities.

Ben Marlow's Rainmaker column in The Sunday Telegraph provided some more interesting detail on the backgrounds on the frontmen to the deal. Here is a link to the piece:

http://www.telegraph.co.uk/finance/11472358/Rainmaker-Saving-BHS-will-take-more-than-simple-willingness.html

Meanwhile, Oliver Shah's well written piece in The Sunday Times based on a face-to-face (I presume) interview with Sir Philip contained some lively quotes, excellent colour about the entrepreneur (apparently, he likes doughnuts) and his dealmaking history. Here is a link:

http://www.thesundaytimes.co.uk/sto/business/Retail_and_leisure/article1530747.ece

But we are still none the wiser about who is actually standing behind the BHS transaction so it must be an extremely closely guarded secret.

Still, I was intrigued by the final paragraph of Oliver's piece, with Sir Philip telling the intrepid hack:

"We've got the capability to do something else. The idea of getting out of [BHS] is to free up time, but we've got money and was can raise money if there's something interesting to do."

I wonder what that "something else" could be?...

No comments:

Post a comment