Borders sells UK and Ireland branches

Book retailer Borders today sold its UK and Ireland business to a private equity firm for up to £20m (€28.6m).

Fri, 21 Sep, 2007 - 16:30
1

Book retailer Borders today sold its UK and Ireland business to a private equity firm for up to £20m (€28.6m).

The deal includes all 42 Borders superstores and the 28 Books etc stores owned by the group. The stores employ about 2,000 staff.

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CourtsBusinessHeathrowPlace: UKPlace: IrelandPlace: USPlace: MichiganPlace: AustraliaPlace: New ZealandPlace: DubaiPlace: MalaysiaPerson: George JonesPerson: Luke JohnsonOrganisation: BordersOrganisation: Risk Capital PartnersOrganisation: RCPOrganisation: EastOrganisation: Giraffe
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