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Retail GazetteBusiness & Tech• 1 min read

Auction of Very Group halted as bidders fail to hit £2bn asking price

Auction of Very Group halted as bidders fail to hit £2bn asking price

The sale of multi-brand online retailer Very Group is close to being scrapped, according to reports. Sky News has learnt that a sale process is unlikely to proceed after potential bidders, including the Chinese marketplace JD.com, refused to meet the £2bn asking price.

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