The board of Woolworths Group PLC met late Wednesday to approve plans to put the two principle operating businesses of the century-old company into administration after failed attempts at a fire sale..
A person familiar with the talks said earlier Wednesday that the board had decided to put the company's 800-store retail business and its EUK subsidiary that distributes music and videos to retailers, in the hands of administrators. He spoke on condition of anonymity because the meeting was ongoing at the time.
"The board of Woolworths retail and EUK have resolved to take the necessary steps to enter administration," the person said. That will leave …
Комментариев нет:
Отправить комментарий