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	05/04/2013	Shopping Centre - Hilco buys HMV out of administration

	HMV rescued from administration by Hilco

	Shopping Centre reports that Hilco has completed the acquisition of the business and certain assets of HMV from its administrators, Deloitte. The acquisition includes 141 stores, 25 of which had previously been slated for closure by the Administrators, and approximately 2,500 employees. All nine Fopp stores are also included in the purchase. Hilco has confirmed that it is in negotiations with a number of landlords with a view to re-establishing an HMV business in the Republic of Ireland after receivers there closed the business shortly after their appointment.

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HMV rescued from administration by Hilco