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Thursday, 17 May 2012

Gresham to sell CopperCo asset

Receiver Ferrier Hodgson has appointed corporate advisory firm Gresham Partners to seek buyers for some or all of the assets of CopperCo, which collapsed under the weight of its bank debt seven weeks ago. Ferrier Hodgson was brought in by its main banking lender Macquarie Group on November 27, after McGrath Nicol had been appointed voluntary liquidator by the company.

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