Made confirms deadline for buyer

Made.com says it has moved to the second stage of its sale process, as it looks to find a buyer.

It says after receiving ‘a number of proposals’ it has ‘invited a select number of parties to progress towards firm offers by the end of October, following a due diligence process.’

The offers ‘provide a range of different transaction structures,’ it says.

Potential purchasers will need to be able to finance Made’s working capital needs.

Made22

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