Article 6NYXG Australia’s largest online bookseller Booktopia enters voluntary administration

Australia’s largest online bookseller Booktopia enters voluntary administration

by
Kelly Burke
from World news | The Guardian on (#6NYXG)

Insolvency advisers are assessing the business while options for its sale or recapitalisation are explored

Booktopia has entered into voluntary administration, but will continue filling orders and selling to the public under supervision from an insolvency adviser.

Australia's largest online bookseller announced the move on Wednesday, two weeks after it went into a voluntary suspension of share trading.

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