Wednesday 29 July 2009

Warwick Farm. Sleepmaker bid unacceptable

Pacific Brands has scrapped plans to sell the $80 million Sleepmaker bedding and foams business after a bid by a New Zealand buyer was not accepted. Sleepmakerā€™s operations include three factories including one at Warwick Farm. The Australian Financial Review said Pacific Brands may consider selling it once the broader economy improves.

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