Bid to rescue pawnbroker Albemarle & Bond close
ADMINISTRATORS of Albemarle & Bond are poised to complete a deal to rescue the pawnbroker and save some of its 183 branches and 900 jobs.
PricewaterhouseCoopers said talks with a preferred bidder to sell it as a going concern should finish this week. “No further comment will be made until then,” PwC said. A potential buyer is said to be Promethean Investments, private equity vehicle of former Bank of Scotland chief Sir Peter Burt.