Chorion seeks buyer after failing to ease debt

Written By: Lisa Campbell Publication Date: Mon, 05/09/2011 - 08:05 Buyers are being sought for Mr Men and Agatha Christie franchise owner Chorion after the company failed to renegotiate its banking arrangements to ease its £70m debt. The company breached its banking covenants earlier this year and has appointed DC Advisory Partners to handle the sale and break-up of the business. The Chorion chairman Lord Alli and deputy chairman William Astor have previously tendered their resignations as the company failed to restructure its debt burden. read more Continue reading at 'The Bookseller'

[ The Bookseller | 2011-09-05 00:00:00 UTC ]
News tagged with: #mr men #company failed #debt burden

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James Patterson Leads Group Seeking to Raise Millions for Bookstores

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Coronavirus: Macmillan and PRH Ease Library Digital Book Availability

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Dohle seeks to reassure PRH staffers as US colleagues told to go home

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10 Great Works of Historical Fiction to Ease Your Thomas Cromwell Withdrawal

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