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Retail Food Group looking for another lifeline

One of the big tests in baking is to ensure that one’s soufflé doesn’t collapse, and a similar challenge now confronts Retail Food Group. The struggling multibrand franchisor is trying to stave off collapse with a $160 million bid to recapitalise after attempts to attract an equity investor or to find buyers for some of its brand assets have failed. RFG would have been placed in the hands of administrators with crippling debt and a dramatic fall in its share price and enterprise value had i