Goldman Says It Warned Former BHS Owner About Suitor’s Finances

  • Parliament investigates collapse of department-store chain
  • U.K. buyout group lacked retail experience, Goldman says

Goldman Sachs Group Inc. said it warned the former owner of collapsed U.K. retailer BHS that the investor who later acquired the department-store chain had a history of bankruptcy, as the iconic company’s breakdown and possible job cuts come under public scrutiny.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.