HMV buyers: We believe company has successful future

Credit: PA

Specialist restructuring firm Hilco has confirmed it has struck an agreement with HMV administrators Deloitte to buy the company, in a deal that should secure 2,500 jobs.

The deal will keep 141 shops open, including nine in the East Midlands and 12 in the West Midlands.

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HMV stores saved

Entertainment retailer HMV has been bought saving more than 2,500 jobs and keeps 141 stores open.