£800m bidding war over Phones4U

High street mobile phone retailer Phones4U could be set to change hands after a number of takeover approaches for the group.

By The Newsroom

Published 12th Sep 2010, 14:15 BST

Updated 13th Sep 2010, 00:39 BST

Several potential suitors are understood to have approached the group's owners. Analysts estimate the business to be worth between 700 million and 800m.