Yo! appoints Deloitte to explore CVA

Yo! has appointed Deloitte to advise on the possibility of a CVA, according to a report on Sky News. It said although discussions are still ongoing, unless Yo! was able to strike reductions in rent with landlords it was likely a CVA would be the likely option. Yo! had been in the process of reopening a number of sites which had been remodelled to deliver food to customers via its trademark conveyor belt.