Financial Times FT.com

Waterford talks with US groups on asset sale

By John Murray Brown in Dublin

Published: January 5 2009 23:03 | Last updated: January 5 2009 23:03

Talks to salvage Waterford Wedgwood were under way with at least three US parties on Monday night after the owner of the historic crystal and porcelain brands was forced into receivership.

Lenders, led by Bank of America, called in their loans to the company, which can trace its roots back to 1759, after talks with a US private equity investor collapsed at the weekend.

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