close
MENU
5 mins to read

A potential Dick Smith buyer talks about distressed assets

Law change could have helped save the business, says private equity firm.

Tim Hunter
Fri, 26 Feb 2016

Amid recriminations over the loss of 2890 jobs and $500 million of value with the closure of transtasman retailer Dick Smith, a potential buyer says receivers lost a race against time to get a deal done.

Adrian Loader, founding partner of Sydney-based fund manager Allegro Capital, told NBR his

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter
Fri, 26 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
A potential Dick Smith buyer talks about distressed assets
55960
true