21 Dec 2018
Restructuring of Edcon passes next hurdle: CEO
By Janice Roberts
“The restructuring and recapitalisation of Edcon has passed its next hurdle,” the company’s CEO, Grant Pattison said in a statement today. “The Edcon Board has approved the structure of the proposed recapitalisation plan, and in response lenders have extended waivers to allow time for implementation. This will allow sufficient time for the number of necessary...
