Lowells Sold

Pinky69

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Joined: Jul 2010

Posts: 158
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#1

Lowells Sold

20th June 2011, 20:35:PM

Lowells have been sold to TDR, a private equity group. Exponent didn't last long. I feel the profits simply aren't there - according to Plimsolls even the best of them are only averaging a profit of 6% - and Lowells have taken out a £120 million loan for purchases over the next 3 years. If they were that successful would they have to borrow all that money? You can get the full details on Credit Today.

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ODC

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Joined: Apr 2008

Posts: 1144
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#2

21st June 2011, 00:55:AM

Re: Lowells Sold

HA HA The Leeds Losers are well named. Hope it wipes the smile off Jimmy C's face
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Lowells Sold

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