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The Children's Place gets $130M lifeline (updated)

The Children's Place gets $130M lifeline (updated)
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A wealthy Saudi family is buying up failing Children's Place

The heirs to a Saudi banking dynasty have bought nearly half of the retailer's stock as it teeters on the edge of bankruptcy. ....

Saudi Arabia , United Kingdom , United States , Ar Riya , Asif Seemab , Al Rajhi Bank , Mithaq Capital , Al Rajhi ,

The Children's Place Provides Shareholder Update

The Children's Place Provides Shareholder Update
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The Children's Place Provides Shareholder Update Seite 1

15.02.2024 - SECAUCUS, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) - The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced that it has received correspondence . Seite 1 ....

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Children's Place discloses that investor group has built majority stake, triggering a clause that puts it in default on credit agreement

Troubled retailer will hold talks seeking financing, and says the move has put it into default on its credit agreement ....

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