Woolworths voucher provider Kingfisher Gift Vouchers suspends trading

LONDON - Kingfisher Gift Vouchers (KGV) has temporarily suspended trading following talks over the future of scheme-member Woolworths.

Woolworths voucher provider Kingfisher Gift Vouchers suspends trading

Woolworths shares were suspended on 26 November amid talks to rescue the 840-store chain. The retailer has been in talks with restructuring firm Hilco over its offer to buy the store for £1.

Sources close to KGV, which also runs Comet and B&Q's voucher schemes, says the company hopes to be trading as normal in 2009.

KGV was unable to comment.

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