Retail news
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Blacks Leisure submits restructuring plan as losses widen
- Posted:
- 02 November 2009 09:38
Blacks Leisure Group has been forced to submit a restructuring plan to its bank in order to secure its future after losses more than doubled in the first half. Blacks said that Lloyds Banking Group had accepted it as an acceptable proposal and discussions were ongoing. Lloyds Banking Group had ...read more
Blacks Leisure submits restructuring plan as losses widen
- Posted:
- 29 October 2009 09:13
Blacks Leisure Group has been forced to submit a restructuring plan to its bank in order to secure its future after losses more than doubled in the first half. Blacks said that Lloyds Banking Group had accepted it as an acceptable proposal and is currently being discussed. Lloyds Banking Group ...read more
Borders receives offers for Paperchase
- Posted:
- 23 June 2008 09:21
Borders is believed to have received indicative offers from Luke Johnson and WH Smith for Paperchase. Risk Capital Partners chief Luke Johnson, which owns Borders UK, is rumoured to have offered around half the £80 million thought to be wanted by Borders US for the division, with WH Smith also ...read more
Borders announces UK and Ireland sale
- Posted:
- 24 September 2007 10:02
Borders has announced the sale of its UK and Ireland business to a private equity company for a £10 million up-front cash payment plus an additional payment of up to £10 million of deferred cash consideration, conditional on the future performance of the business. The deal will include all 42 ...read more
Borders seeks buyer for UK and Ireland stores
- Posted:
- 23 March 2007 09:44
Book shop chain Borders has announced that its US parent company, BGI, has decided to sell off the UK and Ireland arm of the company. Due to increasing competition from supermarkets and online retailers, BGI said that it intends to concentrate on its US business and is in the process ...read more
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