The Guardian Australia – Business
·business
·2 hours ago
Flying Tiger snapped up by Modella Capital amid fears for its future
Modella Capital, a British private equity firm, acquired Flying Tiger Copenhagen, the Danish discount homewares retailer with 1,000 stores globally including 80 in the UK. The deal marks Modella's first international investment but raises restructuring concerns, as the firm has closed hundreds of stores across its UK portfolio.
Summary by Glance · The Guardian Australia – Business
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