Two subsidiaries of music streaming company Guvera have been placed into voluntary administration, and professional services firm Deloitte has been appointed to lead an international restructure.
The subsidiaries, Guvera Australia and Guv Services, deal with Guvera’s business in international markets.
A spokesman for Guvera said its international exposure had been cut from 20 countries to 10, but those 10 still represented 90 per cent of 14 million user…
Read the full article at: http://www.abc.net.au/news/2016-06-27/guvera-subsidiaries-voluntary-administration/7546224