Mike Greene is heading £25m takeover of 140 of supermarket’s M Local shops,backed by Greybull Capital – best-known for investing in Comet chainA former bankrupt who later built a consultancy business and went on to appear on Channel 4’s The Secret Millionaire is to acquire Morrisons’ struggling portfolio of convenience stores, backed by a controversial buyout firm.
Mike Greene, and who has spent 20 years on the board of the organization of Convenience Stores and founded the organization of Retail Newsagents,is main the 25m takeover of 140 M Local branches.
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Source: theguardian.com