I just thought id give you an update on the takeover of Superquinn by Musgrave.
Superquinns new owners have announced the stabilisation of their purchase of Superquin. Musgrave have appointed Tim Kenny,the former director of business development and Finance as managing director of the new arm, with the primary aim to "establishing the new division as well as the intregartaion of the Superquinn business into the wider Musgrave Group". there are no plans for job cuts or store closures. Superquinn have retained all terms and closures from their previous employers. Great news for both groups and the retail industry.
Sources http://www.irishindependant.ie/
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