11-28-17, 11:15 AM
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SUBSIM Newsman
Join Date: May 2008
Location: Close to sea
Posts: 24,246
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Thousands of jobs at risk as tobacco supplier P&H hovers on brink
Quote:
Thousands of workers in the UK’s grocery distribution sector are facing a bleak Christmas as Palmer & Harvey (P&H), Britain’s biggest tobacco supplier, hovers on the brink of administration amid fading hopes of a last-ditch rescue deal.
Sky News has learnt that advisers to P&H, which employs approximately 4,000 people, are braced for the company to collapse after weeks of takeover talks with the private equity firm Carlyle failed to result in a deal.
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https://news.sky.com/story/thousands...brink-11147623
More and more people stop smoking and the market is overheated.
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Nothing in life is to be feard,it is only to be understood.
Marie Curie
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