Wed, 17 Jun 2020 | ADMINISTRATION
Bargain retailer Poundstretcher could close over 250 outlets, more than half of its stores, as part of a survival plan. The company is asking landlords and other creditors to approve a creditors voluntary arrangement (CVA), throug... continue reading
Tue, 16 Jun 2020 | ADMINISTRATION
Wicksteed Park in Kettering, Northamptonshire, which claims to be the oldest theme park on the UK mainland, has entered administration. The theme park was opened in 1921 and was due to celebrate its centenary next year but has suc... continue reading
Mon, 15 Jun 2020 | BUSINESS SALE
Insurance provider LV= has confirmed that it is reviewing the future of its business, with options including a potential sale. The company has reportedly engaged Fenchurch Advisory Partners to examine and advise on its options.
... continue reading
Fri, 12 Jun 2020 | ADMINISTRATION
The British arm of Belgian bakery chain Le Pain Quotidien has been sold in a deal which will see 10 of its 26 UK locations close. Under the deal, the UK business will be acquired by a subsidiary of BrunchCo21 SA, a newco thought t... continue reading
Thu, 11 Jun 2020 | BUSINESS SALE
The Gores Group has begun a sales process to sell its 51 per cent controlling stake in bread business Hovis. The firm has reportedly hired bankers from investment outfit RW Baird to oversee an auction for the business, which it ac... continue reading
Wed, 10 Jun 2020 | ADMINISTRATION
Glasgow-based fashion retailer Quiz will put its subsidiary Kast Retail into administration, before buying its stock and assets back for £1.3 million and renegotiating its leases across the UK. Announcing a wide restructurin... continue reading
Tue, 09 Jun 2020 | BUSINESS SALE
UK subprime lender Amigo Loans has abandoned its plans for a sale after a potential bidder pulled out of the deal, with no other offers on the table. The company’s chairman Stephan Wilcke has also resigned, Amigo announced. ... continue reading
Mon, 08 Jun 2020 | BUSINESS SALE
Plymouth-based Scram Group Ltd. has acquired Cotswolds-based pet and lifestyle brand Mutts & Hounds for an undisclosed sum. The deal was brokered by Bath-based boutique corporate adviser Lucas & Weston Ltd.
Founded in 2011 by di... continue reading
Mon, 08 Jun 2020 | ADMINISTRATION
The UK arm of lingerie retailer Victoria’s Secret has gone into administration, with Deloitte calling the news another example of COVID-19’s impact on the UK high street. Deloitte is handling the company’s admini... continue reading
Fri, 05 Jun 2020 | BUSINESS SALE
Azzurri Group has engaged advisers to explore a potential sale of the business as the COVID-19 pandemic continues to impact the UK’s hospitality sector. While the process is at an early stage, the company’s adviser KPM... continue reading
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PE-backed Carton Pack wraps up Clifton Packaging deal | BUSINESS SALE
Leicester-based food packaging firm Clifton Packaging has be...
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Trouble brewing at Typhoo as it calls in administrators | ADMINISTRATION
Iconic tea brand Typhoo Tea has crashed into administration ...
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Powertrain specialist Lancereal drives forward with MBO | MBO/MBI
A four decades strong powertrain specialist has undergone a ...
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