REDgroup administration: NZ sale complete; NZ Borders likely to be rebranded as Whitcoulls

Tuesday, 21 June 2011 Books+Publishing

James Pascoe Group has confirmed this week that its purchase of the Whitcoulls and Borders businesses in New Zealand from REDgroup Retail has been finalised. The new owners said in a statement that negotiations with landlords of the stores 'has led to the retention of a number of outlets that...