New Owners In Sight For Faith Retail Chain

British media are reporting that John Kinnaird is the most likely prospective buyer of the Faith shoe chain, which is being sold by its lender, Barclays. The retailer owes Barclays £20 million to £25 million (€24.9m to €31.2m-$35.2m to $44.0m), and the bank recently rejected an offer of debt-for-equity from ...

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