Shops Sale Agreed

Daily PostDecember 15, 2004

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Summary


THE administrator of collapsed furniture chain Courts said yesterday it had agreed the possible sale of 14 of the group's shops to a retail turnaround specialist with 200 job losses.

KPMG Corporate Recovery said SB Capital, which holds stakes in Land of Leather and Furnitureland, had agreed to take options to buy 14 of the shops by February 20.

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Shops Sale Agreed

SB Capital has ...

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