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Arcadia restructuring on knife edge as landlord opposes plan

The future of the emergency restructuring at Sir Philip Green’s retail empire rests on a knife edge vote today after one of Arcadia’s biggest landlords said that it would vote against the plan.

Intu Properties, which owns the Trafford Centre in Manchester and Lakeside in Essex, has told Arcadia it intends to vote against the revised proposal for a company voluntary arrangement.

Click here to read the full Times article (£)

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