Creditors give nod to CNA business-rescue plan
More than 78% of its creditors — including retrenched staff, suppliers and landlords — vote to save the chain
01 December 2021 - 20:24
CNA, a 125-year-old stationer, has been saved on the brink of collapse, after more than 75% of its creditors approved its business-rescue plan.
Just more than 78% of those owed money — including retrenched staff, suppliers and landlords — voted to save the chain. ..
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