US EditionIBMG launches restructuring plans across 13 merchant brands - Builders Merchants Journal
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IBMG launches restructuring plans across 13 merchant brands - Builders Merchants Journal
Builders merchant group Independent Builders Merchant Group, is initiating a financial and operational restructuring programme across 13 of its merchant brands, which will recapitalise the group, compromising certain liabilities, including leases across its branch network, alongside a significant reduction in debt owed to the banks. Assuming court approval of the plans, this restructuring means will …
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