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You are here: Home Archive 2009 Feb 19 Deal saves Wakefield

Deal saves Wakefield

by Obsidian last modified Feb 19, 2009 12:00 AM

Mildura-based Wakefield Transport Group will continue to operate as a going concern after confirmation last week of plans to restructure the business after almost a year of uncertainty since it went into voluntary administration.

Wakefield's administrators, Deloitte, had tried to sell some or all of the assets last April, including its prime movers, trailers and container storage facilities.

With those efforts appearing to have failed, Deloitte said it had pursued an alternative that would...

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