InvestSMART

Over and out

Creditors have voted to liquidate failed Tasmanian timber company Gunns. Creditors were offered little choice after a detailed report from administrator PPB Advisory concluded Gunns has debts of about $3 billion and recommended liquidation.

Creditors have voted to liquidate failed Tasmanian timber company Gunns. Creditors were offered little choice after a detailed report from administrator PPB Advisory concluded Gunns has debts of about $3 billion and recommended liquidation.

Join the Conversation...

There are comments posted so far.

If you'd like to join this conversation, please login or sign up here

Related Articles