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Four bidders in the battle to save Peacocks
ADMINISTRATOR KPMG has received four second-round bids to buy the collapsed retailer Peacocks – or parts of it – out of administration, it is understood.
Edinburgh Woollen Mills is thought to be one of the bidders still in the running, while Pakistani textiles tycoon Alshair Fiyaz also emerged as a surprise bidder this weekend.
KPMG, however, is not expected to reach a decision on a preferred bidder until early next week, according to reports yesterday.