Carpetright

Carpetright acquired by Meditor

Carpetright has been acquired by its largest investor Meditor Holdings Limited (MHL), in deal which values the retailer at £15.2m.…

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Carpetright in talks with largest investor Meditor over potential sale

Carpetright has announced it is in talks with its largest investor Meditor over a potential sale of the business, as…

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Carpetright debt absorbed by shareholder

Carpetright shareholder Meditor is set to absorb the retailer’s £40.7m revolving credit facility, purchasing it from lenders Natwest and Ulster…

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Carpetright restructure bears fruit amid return to sales growth

Carpetright has reported its business turnaround is “on track” amid an “encouraging return to positive like-for-like sales growth”. The carpet…

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Carpetright CFO to step down as sales fall

Carpetright has reported its like-for-like sales “remained negative” during the 13 week period ending 26 January and also revealed its…

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Carpetright swings to £11.7m loss in H1 results

Embattled retailer Carpetright has reported losses before tax of £11.7m for 26 weeks ending 27 October 2018, compared with the…

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Carpetright announces HY trading to be ‘heavily impacted’ by restructuring

Carpetright has said trading in its half-year update for the 26-week period ending 27 October was “heavily impacted” by the…

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Carpetright woes as CVA activity results in £70.5m loss

Carpetright has reported a £70.5m loss before tax as a result of the cost and accounting impacts of the group’s…

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Carpetright secures 92% of £60m CVA funds

Embattled retailer Carpetright has managed to secure the majority of the £60m funding it needs to fund its company voluntary…

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Carpetright to issue shares to raise £60m fund ahead of CVA

Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and…

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