Lidl gets some breathing room in dispute over Żebbuġ site

CBC plc agrees to give supermarket more time to complete works

A company that froze Lidl money last week has agreed to give the supermarket giant extra time to complete works at a site in Zebbug.

Central Business Centres PLC (CBC) said in a statement to the market that it has reached a “partial agreement” with Lidl following several meetings between the two parties.

CBC announced last week that it was registering a dispute with Lidl and holding money that the supermarket chain had deposited as a works guarantee. The dispute concerned Lidl’s alleged failure to deliver part of a Zebbug site to CBC, as agreed upon in a 2017 deal.

Read the full story at thebusinesspicture.com

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