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Tue 01 Jan 2009Waterford Wedgwood placed in receivership

ANNOUNCEMENT:LUXURY GOODS firm Waterford Wedgwood was put into receivership yesterday and trading in its shares on the Irish Stock Exchange was suspended after the company failed to find a buyer amid the global financial crisis.

David Carson, a partner in Deloitte Ireland, was appointed receiver of the Irish operations of Waterford Wedgwood which employs some 800 people at its crystal making factory at Kilbarry Industrial Estate in Waterford city.

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