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The Independent UK
The Independent UK
National
Henry Saker-Clark

McColl’s in funding talks with lenders in bid to avoid collapse

PA Media

Convenience store chain McColl’s has seen shares plunge after it confirmed talks to secure cash needed to stop it collapsing into administration.

The company, which employs around 16,000 people, is working with advisers to find a buyer or a third party willing to inject fresh funding.

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