Dixons mulls The Link sell-off
'Torrid Christmas'
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Dixons, the UK’s biggest PC and electronics retailer, is mulling the disposal of The Link, its mobile phone retail operation, according to the Sunday Times. The group is reviewing the future of the 300-strong chain following what the paper dubs a “torrid Christmas trading period”
Chief executive John Clare is said to have contacted Peter Erskine, his counterpart at 02, which owns 40 per cent of the Link. Both parties have pre-emption rights which stop the other from selling to rivals.
More here. ®
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