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Top News In Tom Elworthy Today - Breaking & Trending Today

Struggling New Zealand Ski Resort Almost Purchased, Future Uncertain

People's hopes were high, when this week, there was news of a potential buyer. Radio New Zealand even reported that "Tom Elworthy and his partners were the government's preferred bidder for assets of the Whakapapa skifield on Mount Ruapehu." But Elworthy said the deal was not worth it and "no one would be willing to take on a business with more than $15 million of debt repayments and other risks." ....

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Buyer for insolvent Ruapehu Alpine Lifts' main skifield walks away

The Crown’s preferred bidder for the insolvent Whakapapa skifield has walked away from negotiations, throwing the future of skiing in the North Island, and. ....

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Dessert maker Sara Lee in voluntary administration

Global dessert brand Sara Lee’s Australian operations have gone into voluntary administration. Kiwi investment firm South Island Office appointed FTI. ....

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Cabinet to decide on proposal to split the running of Ruapehu skifields

Cabinet to decide on proposal to split the running of Ruapehu skifields
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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'Intention to open' Mt Ruapehu's ski fields this season as $81.6m debt revealed

Negotiations with potential buyers are ongoing: administrators. ....

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