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Business |UPDATE

Matalan founder, John Hargreaves, linked to BHS rescue bid

The bidding war for BHS continues on as Yousuf Bhailok, property millionaire, has exited the bidding battle to take over collapsed high street chain BHS, clearing the way for John Hargreaves, founder of Matalan, to make his ‘mystery bid’ for the retailer. Hargreaves, who left school to found the discount retailer Matalan in 1985, is understood...

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