Musgrave Group statement in response to shareholders’ decision to withdraw Examinership petition

Musgrave Group notes the withdrawal of High Court proceedings to place Superquinn in Examinership. 

Musgrave believes that its agreement on terms to purchase Superquinn, which is subject to regulatory approval, is the best available option for the business. The transaction will secure the long term viability of the business, protect jobs and ensure that Irish consumers can continue to enjoy the Superquinn product offer.

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