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Tag: Carpetright

Carpetright agrees £15m sale to main investor Meditor | Business

Carpetright has agreed a cut-price £15m sale to its biggest shareholder, saying its new owner would help it complete a turnaround plan in a “very challenging consumer market”. Meditor, a British hedge fund headed by former Old Mutual banker and poker player Talal Shakerchi, is to take full control of Carpetright after buying nearly 30% …

Carpetright agrees £15m sale to main investor Meditor | BusinessRead More

Carpetright looks to biggest shareholder for £80m sale to stay afloat | Business

Carpetright is in talks about a cut-price £15m sale to its biggest shareholder as the specialist retailer said it needed to raise £80m to stay afloat. Meditor, a British hedge fund headed by former Old Mutual banker and poker player Talal Shakerchi, already owns 30% of Carpetright’s shares and bought up more than £40m of …

Carpetright looks to biggest shareholder for £80m sale to stay afloat | BusinessRead More