UPDATE2: Dick Smith receivers hope to sell business as going concern, say NZ unit profitable

Tue, 05 Jan 2016

(Recasts with comment from receivers Ferrier Hodgson) By Jonathan Underhill Jan. 5 (BusinessDesk) - The receivers of Dick Smith Holdings want to sell the consumer electronics chain with 393 stores in Australia and New Zealand as a going concern and say it will be business as usual while they consider restructuring and realisation options. Jim Sarantinos, Ryan Eagle and James Stewart of Ferrier Hodgson were appointed as receivers by the retailer's banking syndicate after it appointed McGrathNicol as voluntary administrator. Stewart said...

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