30-08-2020 22:01 via uk.finance.yahoo.com

Former Saga boss back on board with £100m injection

Theformer boss of over-50s holiday firm Saga is planning to pump as much as £100m into the business and mount a dramatic return to its board. Sir Roger De Haan will stump up the lion’s share of a £150m equity raise by Saga, with other investors asked to supply the rest as part of efforts to restore its fortunes. The son of Saga’s founder Sidney De Haan, Sir Roger sold it to private equity group Charterhouse for £1.35bn in 2004 after 20 years at its helm. He will tak
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