Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Tuesday, 12 July 2016 - 14:40
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Bids for bankrupt McGregor rejected

Bankruptcy curators working on McGregor's case, rejected the bids interested parties made for the bankrupt fashion chain, the Financieele Dagblad reports based on anonymous sources. According to the newspapers, a complicating matter in this case is that the McGregor shareholders are also the fashion chain's main creditors. These parties think that more money can be earned by selling than by a possible restart, though it could come at the cost of 1,200 jobs. The bankruptcy administrators expect to have an answer on the future of McGregor by Wednesday, a spokesperson said to NU.nl on Tuesday. According to the spokesperson, they are still in discussion with the owners and potential buyers. McGregor owns 150 stores under the names McGregor, Gaastra and Adam Brandstore. About 80 of these are in the Benelux. The fashion chain filed for bankruptcy in June.

Follow us:

Latest stories

  • Court orders Amsterdam landlord to refund €1,080 in "membership costs" to tenant
  • Law to distribute asylum seekers fairly "unnecessarily complex": Council of State
  • EU criticizes Netherlands for not helping Dutch citizens arrested abroad
  • Netherlands to send a search & rescue team to Turkey after 7.8 magnitude earthquake
  • Freezing temps to return to the Netherlands this week
  • Dutch employers becoming less critical during hiring process

Top stories

  • Multiple writers receive threats after defending Pim Lammers, "Unacceptable": Dutch PM
  • Woman killed, 10 hurt in several stabbing incidents over the weekend
  • Regional bus, train staff start 5-day strike; Some Arriva trains running, NS unaffected
  • Police arrest suspect for fatal fire in Arnhem
  • Aruba prosecutor: New evidence in Natalee Holloway case is fake; American T.V. host was tricked
  • Possible passenger ceiling at Schiphol again due to staff shortage, travel agency angry

© 2012-2023, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content