Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Homebase CVA approved

By Declan Bush

03 September 2018

UK home improvement chain Homebase has announced 95.92% of its creditors have voted to approve its company voluntary arrangement (CVA) restructuring plan, with landlords agreeing to steep rent cuts.

Homebase CVA approved Homebase will close 42 stores across the UK and Ireland. (Credit: iStock.com/LPETTET)