Corporate turnround firms eye Comet

The former owners of MFI and a former executive of Kingfisher are among those to have expressed an interest in Comet, the UK electrical retailer that was recently put up for sale, it was reported today.

Owner Kesa Electricals admitted it was considering its “strategic alternatives” for the 249-store business last month when it revealed the chain made a loss of £8.9 million in the year to April 30.