Fanciful

According to an article in The Independent, a recent report from HSBC described speculation that Best Buy is interested in bidding for either DSGi or Kesa as 'fanciful', and that the recent gains in the share price of both UK companies looked like 'madness'.

Comet Cuts

An article in today's edition of The Independent says that 100 store staff - mostly, Store Deputy Managers - will lose their jobs at Kesa's UK chain, Comet.

DSGi Med End?

An article in The Sunday Telegraph says that DSGi has instructed Citigroup to undertake a strategic review of its Italian and Spanish outlets. Now that's not much of a surprise...