Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

MYSTERIOUS: Us private equity giant poised to take over online retailer the very group - You Need To See This

a picture of a Very Group warehouse and logistics centre
The Very Group is an online retailer which bought the Littlewoods catalogue brand in 2002. Photograph: eye35 stock/Alamy

The Barclay family is set to lose control of another part of their former business empire with a US private equity firm taking control of online retailer the Very Group.

Washington-headquartered Carlyle Group is expected to announce it has taken over the retailer as soon as Monday morning.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.