US firm in talks to buy Waterford Wedgwood assets

A US private-equity firm that specialises in buying troubled and bankrupt companies could be set to save Waterford Wedgwood from going out of business.

Fri, 09 Jan, 2009 - 07:29

A US private-equity firm that specialises in buying troubled and bankrupt companies could be set to save Waterford Wedgwood from going out of business.

The heavily indebted company, which has been experiencing financial difficulties for some time, was placed in receivership earlier this week.

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