Tupperware cancels asset auction, agrees to lender takeover

'A new day': Tupperware cancels asset auction, agrees to lender takeover
Tupperware agreed to sell its business to a group of lenders on Tuesday in an attempt to recover after filing for bankruptcy last month.
Tupperware calls off auction, finalises lender takeover plan
Tupperware has agreed to sell its business to lenders for $23.5 million in cash and $63 million in debt relief, cancelling an open-market auction of its assets.
Tupperware agrees sale to lender group, cancelling planned auction
Bankrupt Tupperware Brands agreed yesterday to sell its business to a group of lenders for $23.5m (€21.7m) in cash and over $63m (€58m) in debt relief, cancelling its plans for an open-market auction of its assets.
Tupperware cancels auction, agrees to lender takeover
Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for $23.5 million in cash and over $63 million in debt relief, canceling its plans for an open-market auction of its assets.
Tupperware Strikes Deal to Sell to Lenders in Bankruptcy
Tupperware Strikes Deal to Sell to Lenders in Bankruptcy
Tupperware Gets Deal to Avoid Liquidation After Judge Intervenes
Tupperware Brands Corp. hammered out a deal for its creditors to acquire the business, ending a dispute that’s risked a liquidation of the iconic company after a push from the federal judge overseeing the bankruptcy.
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Tupperware's Turnaround: Lenders to Acquire Iconic Brand Amid Bankruptcy Proceedings
Bankrupt Tupperware Brands has agreed to sell its business to a group of lenders for $23.5 million in cash and debt relief. The deal, announced during a bankruptcy court hearing, ends plans for an ...
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