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Could Theo Paphitis save Woolworths?

1st December 2008

It is widely reported that Woolworths' potential saviours will meet administrators today for a second round of talks to try to save the ailing retailer, with a deal hoped to be done by the end of the week.

Those meeting Deloitte at Woolworths' London headquarters will include Theo Paphitis, the Dragons' Den entrepreneur, who emerged this weekend as a potential bidder.

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