The administrator of The Accident Group (TAG) has sent sales packs to potential buyers, outlining how the 'no-win, no-fee' personal injury company could be broken up and sold off.
According to reports, PricewaterhouseCoopers is hoping to sell the business off in three parts to raise cash for its creditors. The three areas are its IT system, its exclusive range of 0800 customer numbers and a contract to manage TAG's outstanding 100,000 personal injury cases.
PwC confirmed it has sent details of the company's business to "interested parties". It refused to comment on how much it might raise from a sale.
The move comes as speculation is mounting that former TAG directors are considering buying the business back out of administration.