Inside the Australian and New Zealand book industry

Image. Advertisement:

RedGroup administrators: staff owed $7.8 million, unsecured creditors $44 million

The administrators of REDgroup Retail held the first creditors' meetings in Melbourne and Auckland yesterday. Key pointsstaff owed $7.8 millionunsecured creditors owed $44 millionPEP owed $118 million$120 million in stock on handunredeemed vouchers worth $15 millionstore closures likelysecond creditors meeting to be delayedAdministrator Steve Sherman of Ferrier Hodgson told the Melbourne...

Please log in or subscribe to access all of Books+Publishing's premium content.

 

Login

Forgot my password

IP access

If you have purchased IP access, please click the button below to activate your service.

Check IP access

Subscribe

Purchase a subscription to access Books+Publishing‘s premium content.

We now offer a pay-by-the-month subscription.

Click here to see our range of subscription options.

Subscribe

 

 

Tags:

Category: Local news