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Tupperware, the US maker of food storage containers, has warned that it could go bust unless it can quickly raise new financing.

The 77-year-old firm said there was “substantial doubt about its ability to continue as a going concern”.

Tupperware has been attempting to reposition itself to a younger audience but has failed to stop a slide in its sales.

Its shares plunged nearly 50% on Monday…..(read more)

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