The Future of Woolworths in the Balance

Daily MailNovember 22, 2008

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Summary


THE future of iconic High Street retailer Woolworths hung in the balance last night as a row erupted with the company's main lenders.

Woolworths insiders accused Burdale Financial and GMAC Commercial - who are owed [pounds]385m - of torpedoing a rescue deal.

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Extract


The Future of Woolworths in the Balance

Woolworths (down 0.67p at 1.43p) wants to...

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