£85m funding deal secured by parcel delivery group Yodel

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Parcel delivery group Yodel, which was previously owned by the Barclay family, will announce an £85m funding package this week to secure its future. The new financing, provided by London-listed company Paypoint and specialist lender Independent Growth Finance, is expected to be announced on Thursday afternoon. This comes after Yodel was on the brink of collapse earlier this year. Yodel’s deal to…

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