Summary
A major Chinese ecommerce operator has reportedly launched a bid to acquire the Very Group, the Manchester-based retail and financial services company, in a deal potentially valued at £2 billion. The move represents significant international investment interest in Greater Manchester's established retail sector and could reshape the ownership of one of the region's most recognisable brands. The transaction, covered by Prolific North, highlights the continued attraction of UK consumer-facing businesses to overseas investors seeking to expand their global footprint.
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This is a summary written for the Manchester Business Services register. The full article belongs to Prolific North — read it at source.
Organisations mentioned
- Very Group, Prolific North
Common questions
- What is this article about?
- A Chinese ecommerce giant is pursuing a £2bn takeover of the Very Group, a major retail and financial services firm based in Greater Manchester.
- When was this published?
- This article was published on 27 May 2026.
- Who published this article?
- This article was published by Prolific North.
- Which organisations does this article mention?
- This article mentions Very Group, Prolific North.