Paperchase confirms sale talks after reports administrators lined up
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Paperchase has said it is in talks with potential buyers amid reports that the high street retailer is lining up administrators. All Paperchase stores and the website will continue to trade as normal during this period Paperchase spokesman However, Paperchase stressed it is still considering a solvent sale as a going concern and has had interest from a number of possible suitors. A spokesman for Paperchase said: “We confirm that we have retained BTG and PwC to advise Paperchase on strategic options, including the sale of the business as a going concern to new owners.