FTSE LIVE: Carpetright gets the green light from shareholders

Money

Beleaguered retailer Carpetright has received the green light from shareholders for £60million in emergency funding and a turnaround plan which it hopes will get it back on a sure footing. 

Elsewhere the  competition watchdog the CMA has begun the process of investigating Sainsbury’s £12 billion merger with Asda by inviting comments from third parties and gathering information from the merging companies.

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