Caffè Nero considers CVA

By Georgia Cronin2020-10-23T12:34:00

Caffè Nero is exploring a company voluntary arrangement (CVA) as it looks to respond to the ongoing impact of the coronavirus crisis, Sky News reports. Last month it was reported the business had hired KPMG to look at negotiating rent cuts, and whilst it is yet to make a final decision about the CVA it is expected in the coming weeks.

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