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High Street

HMV owner secures creditor backing for Wilko rescue deal

According to The Sunday Times, PwC is understood to have secured support from the Pension Protection Fund as well as other creditors, including major landlords and suppliers

Administrators to Wilko have reportedly secured the backing of creditors for a rescue deal led by HMV owner Doug Putman in a move that could save around 8,000 jobs.

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