PEP taking a ‘close look’ at Borders

Tuesday, 1 May 2007 Books+Publishing

Private equity company Pacific Equity Partners (PEP), the owner of Angus & Roberston in Australia and Whitcoulls in New Zealand, is reportedly ‘closely looking at a deal' to buy the 24 Borders stores in Australia and New Zealand. Borders announced in March that it was putting its non-US stores up for sale...