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Evening Standard
Evening Standard
Business
Simon Read

Amigo Loans shares plunge 40% as lender issues ‘this or nothing’ survival plan

Amigo Amigo Loans

An Amigo Loans advert

(Picture: Amigo Loans)

Amigo Loans’ shareholders face a massive dilution of their holding under the struggling lender’s latest proposed survival plan.

But they will be left with nothing if they don’t approve it, the company warned.

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