Elders offloads Futuris as banks turn up the heat

It has been a long time coming but Elders finally has sold Futuris – for a fraction of its former value.

As orderly wind-ups go, the break-up of Elders is proceeding in a less than orderly fashion.

With a looming debt repayment deadline next month, the company that once had ambitions of Australian corporate domination is quickly running short of time.

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