Setback for Dale

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The Independent Online
THE EXPANSION plans of former Littlewoods chief executive Barry Dale received a setback yesterday when merger talks collapsed between Creightons, the toiletries group where he took control in December, and Potter & Moore, a privately owned toiletries company.

Creightons announced in June that it had agreed to acquire Potter & Moore for pounds 9.4m plus the repayment of pounds 7.5m of debts, subject to fund-raising.