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Green calls CVA ‘wasted opportunity’

The BHS CVA was a “wasted opportunity” and Dominic Chappell missed £100m of potential property sales, Sir Philip Green told MPS at the BHS select committee today (15 June).

He dismissed Chappell’s claims to be a property expert, and that he failed to cut a better deal with the landlords.

According to Green, Chappell was too slow to arrange a CVA, which ultimately undermined the chances of turning BHS around.

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