Brown Thomas and Arnotts parent company Signa files for insolvency
The owner of Ireland’s two largest department stores filed for insolvency in Vienna after attempts to raise €600 million of short-term liquidity failed
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The owner of Ireland’s two largest department stores filed for insolvency in Vienna after attempts to raise €600 million of short-term liquidity failed
Filing will concern dozens of European banks over their exposure to indebted group
Signa Holding, troubled commercial property group and a minority shareholder in Selfridges, is working with administrators on a restructuring plan.
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