Creditors will be left nursing losses of almost €70 million if hardware chain B&Q fails to overcome its financial difficulties and calls in the liquidators.
Court documents state that B&Q would have a €69 million deficit on its balance sheet in the event of liquidation, including significant sums owed to landlords and its parent company, British based Kingfisher Plc.
The company last week sought the appointment of an examiner, in an...
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