Some of the news that’s accumulated on a Friday in August: The Australian Competition Commission announced it “would not oppose” Pearson’s acquisition of the bankrupt REDGroup Retail’s online business, including the websites for Borders Australia and Angus & Robertson. saying it “will provide a summary of the reasons for its decision in due course.” Administrators Ferrier Hodgson also said that creditors must lodge any last claims against REDGroup by September 1, with final dividends due to be paid out in October. In addition, any customers still holding Angus & Robertson and Borders gift cards who file claims with administrators will […]
