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Online retailer MySale Group said it had kicked off a strategic review that could result in a sale of the entire company.
The review would consider all types of corporate activity, including options to raise additional capital to support an ongoing restructuring and rationalisation of the group and cut its debt.
Certain parts of the group could also be sold as part of the review, the company said.
'The strategic review builds upon initiatives that have already been commenced by the board in order to rationalise the business and implement a number of cost saving measures to improve business performance and strengthen the group's balance sheet,' MySale said.
At 9:39am: (LON:MYSL) Mysale Group Plc share price was -3.05p at 3.65p