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Wednesday, June 12

FT News Briefing

00:00

Critical Vote on Retail Restructuring and Its Consequences

This chapter discusses a critical meeting concerning the proposed Company Voluntary Arrangement (CVA) for a major retail group, emphasizing the need for 75% creditor approval. It highlights the potential consequences of the CVA's approval or rejection, particularly in relation to store closures and rental agreements impacted by a key landlord's opposition.

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