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Carpetright scrambles to secure funds as it plans for CVA

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Flooring retailer Carpetright has launched a rescue plan as it sells off equity and plans to launch a company voluntary agreement (CVA). Following speculation earlier this week, the struggling retailer announced that it is seeking to secure an insolvency deal allowing it to continue trading while it negotiated rent reductions and debt restructures.

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Carpetright scrambles to secure funds as it plans for CVA

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