Jump to content


Welcome Finance : Cattles tries last-minute rescue plan


Pitsy
 Share

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4191 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Its reported today that Cattles has unveiled a last-ditch rescue plan as part of a bid to stave off going into administration.

 

Management have put forward a deal that would see bondholders paid just £49 million of the £750 million they are owed, while shareholders would receive 1p per share.

 

If the offer is rejected in the new year; the management will put the company into administration.

 

Bosses are hopeful that the deal will be approved because they already have the backing of some of its biggest creditors.

Link to post
Share on other sites

 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...