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But if the administration process can’t rescue the corporate or find a new proprietor, this often results in liquidation. If Wilko does file for administration this means all control of the enterprise is handed to an appointed administrator – who has to be a licensed insolvency practitioner. Thebargain retailerfiled anotice of intentto appoint administrators on Thursday.
Wilko On Brink Of Collapse With 12,000 Jobs In Danger As Directors Known As In
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