date:Mar 14, 2012
esperson for administrators Lawler Draper Dillon said. The investors want to stay private at this stage, the spokesperson added.
The sale means production at Unibic's Broadmeadows factory will restart immediately and secures 170 jobs at the Anzac biscuit manufacturer, the administrators said.
Unibic's debts will be restructured and capital will be injected into the business, they said.
There may be a small return to unsecured creditors under a deed of company arrangement, which will be presented