Tue, 31/05/2011 - 09:01
Australian bookshop chains Borders and Angus & Robertson may have to close if buyers cannot be found, administrators have revealed.
According to a statement from Ferrier and Hodgson, the firm is "urgently seeking offers from potential buyers of all or part of the Angus & Robertson or Borders networks", the ...
Fri, 11/03/2011 - 08:48
The New Zealand arm of REDgroup Retail, the Australian-owned bookselling group, has been officially put up for sale by its administrator, including 74 Whitecoulls stores.
Ferrier Hodgson, which took over as administrator of the group on 17th February, has called for expressions of interest in the company. The firm owns a number of...
Thu, 17/02/2011 - 09:34
The Australian book trade has been hit by the surprise collapse of REDgroup, which owns the country's largest bookshop chain Angus & Robertson, as well as Borders and the Whitcoulls chain of newsagencies in New Zealand.
It comes just hours after Borders US, no longer associated with Borders Australia, finally filed for Chapter...
Wed, 12/03/2008 - 08:28
Angus & Robertson Whitcoulls (ARW) has pulled out of negotiations with Borders on a deal to acquire its Australian and New Zealand stores after the parties were unable to agree terms. ARW said: "As a result, it is unlikely that a transaction between the two companies will proceed."
ARW said that it remained open to...
Wed, 21/11/2007 - 06:47
The Commerce Commission has given Whitcoulls the green light for its take-over bid of rival bookselling chain Borders New Zealand.
The group lodged the final offer for the group last month in a deal which is rumoured to be worth almost $120m.