Quintis receivers have reported good interest from potential buyers and investors after closing the first phase of their expressions of interest campaign for the failed sandalwood company yesterday.
Lead receiver Shaun Fraser from McGrathNicol, however, declined to detail or quantify the number of non-binding indicative offers received by yesterdays deadline, saying more information would be provided next week.
McGrathNicol, which was put into Quintis by bondholders in late January, is seeking to either sell or recapitalise the company.
As flagg…
Read the full article at: https://thewest.com.au/business/agriculture/quintis-finds-suitors-amid-fight-to-split-plantations-ng-b88784097z