Penningtons gets its Man(ches)
Penningtons completed the takeover of Manches yesterday, a move facilitated by a pre-pack administration deal. At exactly 5.28pm yesterday (14 October), Penningtons bought Manches in a pre-pack administration deal. It was a blink and you’ll miss it event, reported on a dreary Monday afternoon. Here’s exactly what happened. The merger talks began in early September, […]