Big UK Retailer Finelist For Sale

LONDON, UK (11 October) - Ernst and Young have been appointed administrative receivers to Finelist PLC. The company which has a turnover of GBP500 million (US$724mn;EUR833mn) and employs approximately 5,500 people in the UK. Primarily a car components supplier and retailer, Finelist also sell bicycles and accessories through their high street stores "Motorworld" (250 outlets).

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