Financial Times FT.com

Focus set to nail rescue deal with landlords

By Samantha Pearson

Published: August 21 2009 23:52 | Last updated: August 21 2009 23:52

Focus DIY, the home improvement chain, is poised to secure its future on Monday through a rescue deal with landlords.

Its creditors are expected to vote in favour of a proposed Company Voluntary Arrangement – an insolvency process that will save it from administration.

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