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Cavan Crystal: workers laid off

15 October 1998: Padraic Monaghan of KPMG, the receiver at Ireland“s Cavan Crystal, is close to concluding a deal with a new investor who is prepared to purchase the company, a recent press report ha…

15 October 1998: Padraic Monaghan of KPMG, the receiver at Ireland“s Cavan Crystal, is close to concluding a deal with a new investor who is prepared to purchase the company, a recent press report has said. A further 20 workers are being laid off, bringing the workforce down to 10. At the time of the receiver“s appointment, the workforce was 60.

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