Sale of Waterford Wedgwood agreed

Receivers acting for Waterford Wedgwood today announced the sale of its Irish and UK businesses to a US equity fund.

Receivers acting for Waterford Wedgwood today announced the sale of its Irish and UK businesses to a US equity fund.

Irish reciever David Carson of Deloitte said: "We are pleased to announce that we have signed a contract with KPS Capital Partners LP, a New York-based private equity limited partnership."

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