UK's terminates talks with interested parties for potential sale

Illustration of web site is seen on a smartphone in front of a displayed logo in this illustration taken June 16, 2021. REUTERS/Dado Ruvic/Illustration

Oct 25 (Reuters) - British online furniture retailer Group (MADE.L) said on Tuesday talks with a number of interested parties for a potential sale of the company have been terminated after they were unable to meet the timetable.

The company added it is no longer in receipt of funding proposals or any possible offers for a potential sale.

"The company may determine that it is appropriate to request a suspension of listing of the company's ordinary shares on the London Stock Exchange's Main Market for listed securities," said in a statement.

Reporting by Amna Karimi in Bengaluru; Editing by Krishna Chandra Eluri

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