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Burges Salmon has advised Santander on a deal to support the Management Buy-Out (MBO) of Scottish pensions firm @sipp. Based in Glasgow, @sipp specialises in self-invested personal pensions, small self-administered schemes as well as commercial property. Supported by funding provided by Santander UK
David Jones, Colgate, T2, Princess Polly and Atlassian are all among dozens of household names who have pledged their commitment to reconciliation.
Anchorage paid $92.5 million for the group in March, but financial accounts show the full value of the company and its assets was closer to $376 million.
An iconic century-old Aussie brand could finally falter as a ‘perfect storm’ of dire economic conditions and store closures bear down.
A retail expert has warned that department store giant David Jones could 'finally falter' amid a perfect storm of dire economic conditions and ongoing hardships being faced by the iconic Aussie brand.