Home entertainment chain JB Hi-Fi has confirmed speculation that it is in preliminary takeover talks with discount home appliance retailer The Good Guys.
JB Hi-Fi is scoping out The Good Guys for a possible takeover but analysts question whether the home entertainment retailer would meet the whitegoods giant's asking price.
JB Hi-Fi confirmed that talks have been held with The Good Guys but said there has been no agreement or decision made about an acquisition.
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