The sale of retailer Harris Scarfe, which was put into receivership on April 6 with accumulated debts of about $160 million, looks likely to be a lengthy affair. Bruce Carter and John Spark of receivers Ferrier Hodgson initially hoped to finalise new ownership by 30 June, but the latest indications are that negotiations could drag out to the end of this year.
AUSTRALIA: Harris Scarfe Prepares For Christmas Countdown
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