Planet Organic, which is seeking an extension to a notice of intention to appoint administrators which it lodged in March, has attracted the interest of Holland & Barrett (H&B), the health foods chain owned by LetterOne. H&B’s interest is reportedly in the IP and brand but not the 13 Planet Organic stores.
Waitrose had been in earlier discussions to acquire Planet Organic but pulled out in March.
Interpath, which is working with Planet Organic to secure the best rescue deal, apparently has several potential parties ‘on the hook’.
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