The series will see company bosses hand over the reins of their business to the workforce in an attempt to revive the company’s fortunes.
The show will be fronted by businesswoman Hilary Devey, The Takeover will be executive produced by Victory Television’s Clare Hollywood.
Devey was previously a dragon on the hit BBC show Dragons’ Den from 2011-12, but has bemoaned the pay rate of £15,000 for 12 episodes and claimed the only way to make money was through the investment opportunities the show offered.
The 57-year-old, who launched her freight distribution company Pall-Ex in 1996 to fund her son Mevlit’s education, made her first million within three years and is now worth an estimated £100million.
