Slim pickings for Jenny Craig buyers

The US corporate head office filed for bankruptcy earlier this month. (Image: Getty)

Wed, 07 Jun 2023

Four offers to buy the New Zealand and Australian arms of Jenny Craig Weight Loss Centres weren’t tasty enough for the voluntary administrators, who’ve chosen to tip the scales in favour of liquidation. Creditors will vote on June 14 on whether to appoint liquidators after voluntary administrators Vaughan Strawbridge, Kate Warwick and Joseph Hansell of FTI Consulting couldn’t find a buyer for the operations, which would have kept people employed and limited losses for those owed debt. The sale process attracted 15 in...

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