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Jobs saved as corporate recovery team advise administrators

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Ryan Millmore, partner in the corporate recovery team, advises administrators KPMG.

Specialist power supply firm Progress Group has bought TM Newburn out of administration.  Ryan Millmore, from Clarion's corporate recovery team, advised administrators KPMG.

The deal will save 24 jobs at the Bradford-based diesel generator supply and rental company which will be renamed Newburn Power Rental.

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Source:  The Business Desk, 23 January 2012