US buyout saves Waterford Wedgwood

Almost 1,400 jobs have been saved after a New York investment group nailed down a deal to buy struggling crystal and china firm Waterford Wedgwood.

US buyout saves Waterford Wedgwood

Almost 1,400 jobs have been saved after a New York investment group nailed down a deal to buy struggling crystal and china firm Waterford Wedgwood.

KPS Capital Partners LP agreed last month to save key parts of the prestigious business after it went into administration, narrowly avoiding permanent closure.

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