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waterford wedgwood

January 5, 2009

Waterford Wedgwood, the luxury lifestyle group controlled by Sir Anthony O’Reilly and family, has called in receivers and requested that its stock be suspended from trading.

Waterford Wedgwood, the luxury lifestyle group controlled by Sir Anthony O'Reilly and family, has called in receivers and requested that its stock be suspended from trading.

The board of directors has been looking to recapitalise the business for some time as it has struggled to pay back its debts. However, following the expiration and non-renewal of the forbearance period, some of the group's companies have now been placed into receivership or will shortly be placed into administration.

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