Wednesday, April 4, 2018

Mothercare ditches its boss as it pleads with lenders for a rescue deal

Mothercare brought in KPMG in March to help it renegotiate its debts and secure new funding to avoid becoming the latest high street name to go under. Its lenders agreed to delay the test date on its financial covenants from the end of March to May, giving it more breathing space to improve its financial ...
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