Kwik Save jobs saved in £18m deal

Around 600 jobs at the troubled British supermarket chain Kwik Save were saved yesterday with an £18m (€26.6m) deal to sell the remaining stores to new owners.

Kwik Save jobs saved in £18m deal
Sat, 07 Jul, 2007 - 09:40
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Around 600 jobs at the troubled British supermarket chain Kwik Save were saved yesterday with an £18m (€26.6m) deal to sell the remaining stores to new owners.

Administrators KPMG concluded a deal to sell the 56 branches to FreshXpress, which is believed to be backed by Irish entrepreneur Brendan Murtagh.

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CourtsBusinessHeathrowPlace: ManchesterPerson: Brendan MurtaghOrganisation: Kwik SaveOrganisation: KPMGOrganisation: FreshXpressOrganisation: High CourtOrganisation: Union Usdaw
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