Gerald
11-28-17, 11:15 AM
https://i.imgur.com/ke06HAp.jpg
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.
https://news.sky.com/story/thousands-of-jobs-at-risk-as-tobacco-supplier-ph-hovers-on-brink-11147623
More and more people stop smoking and the market is overheated.
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.
https://news.sky.com/story/thousands-of-jobs-at-risk-as-tobacco-supplier-ph-hovers-on-brink-11147623
More and more people stop smoking and the market is overheated.