Findus Bailout Boosts Young's Prospects
date:Oct 08, 2012
e on margins and
profitability. Cost restructuring, growth stimulation andsustainability have been key planks of the past 18 months.

Findus, together with its lenders, completed a consensualrestructuring with an investor group made up of Lion Capital,Highbridge Capital, JP Morgan and Northwest Mutual. The investorgroup will also provide a 70-million additional credit facilityfor the group, which employs nearly 2,000 people in the town. Itallows us to invest in profitable growth for our business
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