Sb Capital Deal May Save 20 Courts Jobs

Summary


The jobs of more than 20 Tyneside furniture store workers may be saved after a venture capital firm agreed to buy the Courts chain of UK outlets.

The Courts store in Team Valley closed down earlier this month after the UK parent group went into administration with debts of pounds 280m.

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Extract


Sb Capital Deal May Save 20 Courts Jobs

However, administrators from KPMG announced yesterday that the outlet was one of only 14 in the 88-strong ...

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