Carpetright’s major shareholder is planning to take the rug-retailer private with a 5p per share offer.
Meditor Capital, controlled by poker-playing former fund manager Talal Shakerchi, owns 30% of the equity, but wants to buy the remaining 70% valuing the company at £15.2m. The offer has been accepted by other major shareholders.
In May last year investors bought £60m of new stock at 28p per share.
Carpetright closed 90 stores as part of a CVA last year. It is fighting off competition from well-funded rival Tapi, a private company backed by Carpetright founder Philip Harris and managed by his son Martin.
