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WH Smith sells high street stores to Modella Capital for £76m

By Frank Prenesti

Date: Friday 28 Mar 2025

(Sharecast News) - WH Smith has sold its UK high street business to Modella Capital for an enterprise value of £76m on a cash and debt-free basis in a deal that will see the chain rebranded as TGJones.
The retailer, which will now focus on its profitable travel outlets, said it...

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