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H&T Group has ended the talks it had been holding with the administrators of Albemarle & Bond Holdings (A&B), it said on Monday.
The group announced it was in discussions about a potential acquisition of some of A&B's assets just one week earlier.
A&B last month appointed administrators, who at
LONDON (Alliance News) - Pawnbroker H&T Group PLC Monday said it has ended talks about possible acquiring some of the assets of rival Albemarle & Bond Holdings PLC, which went into administration last month. H&T had said last week that it had made a proposal to Albemarle & Bond's administra
LONDON (Alliance News) - Peter Burt, the former Bank of Scotland chief executive, is to buy the majority of failed pawnbroker Albemarle & Bond out of administration, The Telegraph reports without saying where it got the information. Burt is looking to acquire the company through his Prometh
LONDON (Alliance News) - UK shares have opened higher Thursday, following dovish minutes from the US Federal Reserve Wednesday and ahead of a Bank of England interest rate announcement.
British retailer Marks and Spencer Group PLC said group sales rose 1.9% in the l
Pawnbroker H&T Group has moved quickly to profit from the collapse of rival Albemarle & Bond and has offered to buy some of its assets.
AIM-listed H&T said on Monday it had contacted the administrators and submitted a proposal.
H&T overtook its main market-listed rival as the largest pawnbroker in