Darrell Lea plunges into administration and seeks buyer
date:Jul 11, 2012
Australian businesses.

Reports circulating in the Australian media indicate that employees were not kept in the loop and were shocked by the decision to sell the company.

PPB Advisory has indicated that both Australian firms and international players have expressed an interest in buying Darrell Lea.

PPB Advisory and Darrell Lea will hold the first meetings with creditors on 20 July.

The administrators said that employees would be given an update on theiremployment status by the end of this
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