THE consortium attempting to take over Kidderminster carpet maker Victoria has succeeded. Its leader, Alexander Anton, now sits on the firm’s board.

And following yesterday’s general meeting in Birmingham, the plc put out a statement saying that it had decided to abort the formal sales process.

It had little choice, given 67% of the proxy votes at the meeting were in favour of the consortium's plans.

Four new board members were appointed at the meeting: Consortium leader Alexander Anton, Katherine......for the full story register now for free or login below...