MFI, the struggling
furniture retailer, MFI is understood to be urgently trying to secure new terms
with its landlords before its quarterly rent bill just as it starts seeking
A source familiar with the talks told The Times
Partners (MEP), the private equity group which bought MFI for a nominal £1
two years ago, wished to change some of the leases on MFI stores to pay rents on
a monthly basis.
‘All I can say is that Merchant Equity Partners is continuing to review
strategic options for the business,’ a company spokesman said.
MFI brought in corporate restructuring expert Kroll Talbot Hughes two months
ago and MEP maintained at the time Kroll had been hired to boost the retailer’s
‘under-resourced finance function’.
Leonard Curtis Business Solutions Group has opened a new office in Glasgow – the first Scottish office for the professional services provider
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal