By Rosie Shepard8 July 2021
Tina Green has been handed £50m by administrators from the remains of her husband’s Arcadia empire.
Lady Green was a secured creditor of the fashion group after providing its Daventry warehouse with an interest-free loan in 2019 during its first restructuring.
The funds were given to the Green family’s Aldsworth Equity – their investment vehicle, located in the British Virgin Islands, which is controlled by Lady Green – after the sale of the warehouse.
Already have an account? Sign in here
Site powered by Webvision Cloud
If you would like to share the information in this article, you may use the headline, introduction and link below
Tina Green has been handed £50m by administrators from the remains of her husband’s Arcadia empire.
https://www.retail-week.com/fashion/tina-green-receives-50m-payout-from-topshop-administrators/7040193.article