News roundup—6th April 2009

News roundup—6th April 2009

Robert Dyas may be spared from falling into
administration if a management buyout can be agreed. Lenders
are backing the management team of the ironmonger turned home
and garden retailer in a deal that will save the business and
secure some 1,250 jobs. According to the Guardian bankers and the private equity
owners of Robert Dyas have been involved in a standoff over the
terms of refinancing the business since September.

German postal operator Deutsche Post joined Dutch logistics
group TNT and private equity firm CVC as a potential bidder
considering owning a stake in Royal Mail reports the FT.

The Times profiles Michael Welch, the
founder of tyre etailer


Twitter Facebook LinkedIn WhatsApp

Related News

Newsletter Sign Up

Sign up to receive our newsletter