Cauval exit clears way for Payne bid as MacKenzie prepares to retire

Kidd, Andrew
December 1998
Cabinet Maker;12/04/98, Issue 5117, p2
Trade Publication
Focuses on the decision of French group Cauval to end its attempt to acquire British furniture firms, Christie-Tyler and Walker & Homer, from Hillsdown Holdings. Preferred bid headed by John Payne who has resigned as Hillsdown chief executive; Deadline imposed for any sale; Cauval's search for other acquisitions in upholstery and bed sectors.


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