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RSS FeedsPatisserie Valerie chairman pledges multimillion-pound rescue loan
(World News UK)


12 october 2018 19:32:02

Patisserie Valerie chairman pledges multimillion-pound rescue loan
(World News UK)

Patisserie Valerie“s chairman has swooped in with a rescue loan package after a black hole in the company“s accounts led to its finance chief being arrested on suspicion of fraud. Luke Johnson has pledged up to £20 million in new loans in order to keep the chain“s parent company Patisserie Holdings afloat after a wind-up order was issued against it by the taxman. Mr Johnson, a serial entrepreneur, is the largest shareholder in Patisserie Holdings with a 37% stake. The company also plans to raise as much as £15 million through the issue...

21 viewsCategory: General > Europe > UK
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