Made.com co-founder's rescue bid fails as Next and Frasers circle

Ning Li Made.com

Made.com co-founder Ning Li has failed in his attempt to purchase the stricken furniture specialist and the likes of Next and Frasers are now eyeing potential bids. 

Former chief executive Li told staff he “really tried” to save their jobs, only for his third proposal to be rejected by the board and administrators PwC.

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