Towergate tipped for future sale despite debt-for-equity deal
There is “no question” Towergate will be up for sale once again in the coming years, according to market insiders, who believe the swift appointment of a CEO is paramount following this week’s debt-for-equity deal.
The distressed consolidator announced this week (2 February) it had reached an agreement that will result in the group's senior secured creditors taking control of the business - with company founder
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