Nearly 5,000 jobs to be saved at Peacocks if management buy-out gets go ahead

Nearly 5,000 jobs to be saved at Peacocks if management buy-out gets go ahead

A MANAGEMENT buy-out (MBO) proposal has been submitted to the administrators of fashion retailer Peacocks and if successful has the potential to prevent UK-wide store closures and save 4,908 people from redundancy. The bid from a senior e Commerce manager at Peacocks Stores Ltd in conjunction with a private investor, follows the announcement (18 November) […]

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