Good Spirits’ asset sale on the brink
The company was given until April 30 to either sell the business, bring in new capital or merge with another company.
Good Spirits Hospitality directors say there's a sufficient level of liquidity to sustain the business.
A deal to sell Good Spirits Hospitality’s trading assets is in its closing stages, according to the investment bank running the sale.
The NZX-listed publican, which owns nine venues, has been in the process of selling its assets since December, which is being facilitated by Wellington-based
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