HMV 'targeted in takeover bid'

Music and books retailer HMV was today reported to be an £800m (€1.2bn) takeover target of private equity firm Permira.

Music and books retailer HMV was today reported to be an £800m (€1.2bn) takeover target of private equity firm Permira.

Financial advisers have been appointed by Permira which had intended to approach HMV as early as this week, according to The Sunday Times.

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