Matalan Founder’s Final Bid for Company Control with Elliott Advisers
In a recent development, John Hargreaves, founder of fashion retailer Matalan, has made his final offer to retain control...
Matalan
Lenders Set £210m Minimum Price for Matalan as Rescue Bid Deadline Passes
Matalan faces potential takeover as lenders prepare to seize control after missing the deadline for rescue bids on Friday....
Matalan Secures £350m Debt Repayment Extension
Matalan, a UK retailer, has extended its £350m debt repayment deadline from January 2023 to July 2023 after over...
Elliott Advisors in Talks for Matalan Takeover Amidst Debt Struggles
In a recent development, investment firm Elliott Advisors is reportedly in talks with John Hargreaves, founder of Matalan, regarding...
Matalan Appoints New CEO Amid Strategic Sales Process
Matalan appoints Nigel Oddy as interim CEO, starting October 3rd, amid a strategic sales process; John Hargreaves steps down...
Steve Johnson to Become DFS Furniture’s New Chair
In a recent announcement, DFS Furniture revealed that Steve Johnson will take over as chair from Ian Durant after...
Matalan Seeks Sale Amid Inflation Impact and Refinancing Deadline
Matalan, a discount chain retailer, is reportedly considering selling the business amidst rising inflation and weaker consumer demand. Founder...
Matalan’s Future at Stake as Hargreaves Battles Lenders for Control
Matalan founder John Hargreaves is gearing up for a battle with lenders over £350m debt refinancing, as he reinstated...
Matalan Founder Returns as Chairman, Replaces Outgoing Steve Johnson
In a surprising move, Matalan founder John Hargreaves returns as chairman, replacing Steve Johnson who steps down from the...
Matalan Reports 29% Revenue Growth in Q1 Amid Challenging Market Conditions
Matalan, a popular UK retailer, has announced a 29% increase in revenue this financial year, reaching £286.5 million, compared...