Somerfield convenience stores for auction
Published January 16th, 2008
Somerfield, the convenience store chain, has put itself up for auction.
Citigroup has been appointed to run the auction of the 955 store group, which was bought two years ago by a consortium comprising of Robert Tchenguiz, the property magnate, Barclays Capital and the private equity group, Apax Partners, for £1.8bn.
Related Articles Somerfield supermarket chain auction going aheadAuctioning4u Online Auction Service Provider Leads the Way with Expanding Network of eBay Drop off ShopsVuurve Launches Pick-Up Stores for eBay ShoppersWal-Mart to Sell 44 Properties in Nationwide AuctionMFI furniture stores sold for £1