V & D store in The Hague Reuters / Valerie Kuypers
Economy
V & D will of landlords half years a rent discount of more than 50 percent clauses, so that the ailing company to work on a new market strategy. That is recognized in draft plans by NIS, the company will discuss tonight with landlords
In exchange for the discount landlords law want the best places in the V & amp;. Letting D stores to other parties. They also want more control over the income of V & D and full access to the financial records of the department store. If V & amp; D still go bankrupt, the landlords want to capture them recover the rent discount
To make this possible, Sun Capital funds with an amount of 60 million euros.. About half of this amount would be a loan
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