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Eve Sleep, which fund manager holds 31% stake, say losses due to competitors slashing prices
Neil Woodford was dealt another blow when a mattress maker the fallen star fund manager backs warned of trading for the second time this year and scrapped merger talks with a rival.
Eve Sleep, in which Woodford’s fund holds a 31% stake, said business was worse than expected because of low consumer confidence and competitors slashing prices. The company also said it had ended discussions with Simba, another mattress maker, about a joint venture. Continue reading...