Efforts underway to sell or recapitalise iconic Aussie motorcycle retailer as business operations continue
The administrators handling the collapse of long-standing motorcycle retail chain Peter Stevens remain confident that the business can be salvaged, as efforts to find a buyer or investor move forward.
Administration firm KordaMentha, which took control of the company earlier this week, confirmed that operations will continue while they seek expressions of interest for either a sale or recapitalisation of the business.
In a statement, KordaMentha said, “The administrators intend to continue to operate the companies on a business-as-usual basis while they seek immediate expressions of interest for the sale or…
