Creditors give nod to CNA business-rescue plan

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Canada News News

More than 78% of those owed money — including retrenched staff, suppliers and landlords — vote to save the chain

CNA, a 125-year-old stationer, has been saved on the brink of collapse, after more than 75% of its creditors approved its business-rescue plan.

Just more than 78% of those owed money — including retrenched staff, suppliers and landlords — voted to save the chain. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DANIEL MALAN: Eskom needs an emphatic dose of business rescueGovernance and management of the power utility should be handed to an independent panel with credibility 🤔 many Rescues would this be GovernmentZA CyrilRamaphosa 🤔many more 🤔 many live under slaveryMasterCondtns BlackTax Trevornoah StephenAtHome SABCNews Newzroom405 Powerfm987 setlharetruths Kentucky BWstr Ken_Turkey 🏌🏽‍♂️🙆🏾‍♀️🌲📡🦋🌓 IAmSteveHarvey BarackObama POTUS
Source: BDliveSA - 🏆 12. / 63 Read more »

CHRIS GILMOUR: Tourism industry survival hinges on clarity over OmicronVariant discovery is another body blow to struggling tourist business operators What are the statistics for hospitalisations of COVID-19 infected patients, including the new varient? If health systems are not overwhelmed there is no need for lockdowns. That was the rationale for lockdowns initially. Govt must focus on mandatory vaccinations not lockdowns.
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV spoke to Caroline Cremen from Adviceworx
Source: BDliveSA - 🏆 12. / 63 Read more »