Waterford given more time for talks

Monday 22 December 2008 12.02
Waterford given more time for talks

Waterford Wedgwood says that discussions with an interested institutional investor and the group's lenders continue to be 'advanced'.

The company said its main lenders had agreed to a further extension of a forbearance until January 2, 2009.

The forbearance period is linked to a number of conditions of Waterford's lending agreements.