BREAKING: B&M agrees to buy Wilko stores in £13million deal

The budget retailer announced its collapse last month

It comes after a bid to purchase the entirety of the collapsed high street retailer fell through last week.Try MEN Premium for FREE by clicking here for no ads, fun puzzles and brilliant new features

“The consideration is fully funded from existing cash reserves and the acquisition is not expected to be conditional on any regulatory clearances”, B&M said in an update to investors. It said an update on the timing of the new store openings will be provided alongside its half-year financial results on November 9.

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