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Hot Topic Summer features
General Business
3 mins to read

Baby City related party deal ‘best outcome,’ liquidator says

The failed company’s assets were sold to a related party of its shareholder the same day it was placed into liquidation.

Baby City was sold by Postie Plus to Baby City Retail Investments in 2012.

Liquidators of the company behind the Baby City retail chain say selling the company’s assets to a related party of its main shareholder was the “best outcome”.  

Baby City Retail Investment was placed into liquidation at the request of its shareholder Campbell Gower on December 31, with

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Nicholas Pointon Fri, 17 Jan 2025
Contact the Writer: nicholas@nbr.co.nz
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Baby City related party deal ‘best outcome,’ liquidator says
General Business,
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