Colin Neal vehicle snaps up Pricewise

Fri, 30 Oct 2020

A new company related to Big Chill founder Colin Neal's Polar Capital has bought the Pricewise retail business after it was tipped into receivership in August.The discount retailer was placed into receivership after defaulting on a repayment.The first receivers' report for Price Wise Limited said it and related company Zenith Distribution were sold to a firm related to Polar Capital for $2.3 million for the two businesses.The receivers said they elected to accept an offer from a newly incorporated entity related to Polar because it offe...

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