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High Street

Lenders prepare to take control of Matalan as bid deadline hits

Lenders have reportedly set a ยฃ210m minimum price for the business and are โ€˜prepared to take control of the company if rescue bids do not meet expectationsโ€™

Lenders are reportedly preparing to take control of Matalan after the deadline for its rescue bids was hit last Friday (21 October).

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