Inside the Australian and New Zealand book industry

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REDgroup voluntary administration: PEP owed 75% of money owed to non-staff creditors, creditors meetings announced, industry responses

Administrators Ferrier Hodgson has confirmed that 75% of the money owed by REDgroup Retail to non-staff creditors is owed to the group's owner Pacific Equity Partners (PEP).As reported in a special bulletin of the Weekly Book Newsletter last week, REDgroup--which owns the Angus & Robertson chain in Australia, Borders stores in Australia,...

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Category: Local news