High street landlords hold a weak hand at the CVA poker game

Owners could pay more into their ailing businesses instead of calling landlords for rent cutsSir Philip Green, a near-billionaire with a superyacht, couldn’t afford to pay his rent. Nor, it seems, can Peter Simon, a half-billionaire whose preferred lux…

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Waterstones owner buys US chain Barnes & Noble

James Daunt will be chief of both chains after deal hailed as boost for real-world bookshopsThe hedge fund owner of the UK’s largest book chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US, in a $683m (£537m) deal heralded a…

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Fiat Chrysler proposes merger with Renault to reshape car industry

Deal would create world’s third-largest automaker and ‘save €5bn a year’ by sharing researchFiat Chrysler has proposed a merger with France’s Renault that would create the world’s third-largest carmaker and save billions needed to invest in the race to…

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Fiat Chrysler proposes merger with Renault to reshape car industry

Deal would create world’s third-largest automaker and ‘save €5bn a year’ by sharing researchFiat Chrysler has proposed a merger with France’s Renault that would create the world’s third-largest carmaker and save billions needed to invest in the race to…

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