Carclo agrees bank borrowing extension and confirms it is actively pursuing the sale of its loss-making division

Wakefield-headquartered listed plastic components manufacturer Carclo has said that discussions are "actively being pursued" with potential purchasers of its loss-making LED division, Wipac.

Carclo also updated the markets this morning on its progress in unlocking its pension and bank issue, which will allow it to extend its borrowing facilities and to publish its delayed annual results later this month.

The firm has been undertaking discussions with its bank and the pension trustee in ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...

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