Morrisons strikes eleventh-hour deal to save McColl’s from collapse

McColl's Shropshire

Retail Week understands the deal has been all but agreed with Morrisons taking £170m of debt and the McColl’s pension plan on to its books, thereby staving off the looming prospect of the convenience retailer crashing into administration.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now