Retail tycoon pulls Patisserie Valerie offer after just two days

Mike Ashley's Sports Direct has pulled out of its offer to buy cafe chain Patisserie Valerie, just two days after making a bid, complaining of being shut out of the bidding process. Sports Direct made a statement late on Friday, confirming an offer had been made for the bakery chain which collapsed last month following the discovery of fraudulent activity in its accounts. It said: “Sports Direct International confirms that it has made an offer to acquire the business comprising the trade and assets of Patisserie Holdings plc a... For the full story register now for free or login below...
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