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The DIA rescue plan
https://letterone.com/news-and-insights/the-dia-rescue-plan/In October 2018, it became clear that DIA was undergoing serious financial difficulties. In February 2019, L1 Retail, which owned 29% of the company at the time, announced a voluntary tender offer and comprehensive rescue plan to secure the future of DIA. L1 Retail believed that under the right leadership and governance, DIA could deliver […]