Bernard Matthews creditors told '£23m debts' will not be paid

Bernard Matthews creditors told '£23m debts' will not be paid
 

Former suppliers to the Bernard Matthews turkey business, who were owed money before it was sold, have been told they will not be paid.
The company, which was owned by Rutland Partners, was sold to food tycoon Ranjit Boparan in September.
About 900 suppliers will be left out of pocket by £23m, BBC Radio 4's Farming Today was told.
Mr Boparan said he offered to buy the firm with its debt and pension liabilities but this was rejected.
The turkey firm was bought by investment company Rutland Partners in 2013.
The take-over by the Boparan Private Office, Mr Boparan's private investment arm, was... read more

 
7 October 2016 in Business, Views: 53
Source: BBC
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