More than $14m has been recouped from the sale of Beston Global Food Company assets, with buyers still being sought for some of its property holdings.

Beston was placed in the hands of administrators KPMG in September after racking up years of losses and $72.1m in debt, with $52.5m of that owed to NAB. Unsecured creditors are owed another $16.7m ...

The Australian revealed in May that Beston had been trying to offload $55m in debt held by the NAB, but had not been successful in seeking a buyer. The company’s March quarterly showed Beston ...

Beston Global Food will be liquidated after the dairy company’s former directors failed to pull together a credible bailout strategy. The company’s administrator, and now liquidator, KPMG’s ...

The Beston Global Food Company was placed into voluntary administration in September blaming “a perfect storm of adverse events” for its demise. The South Australian dairy company employs 160 ...

Australia-based dairy business Beston Global Food Co. is to be wound down and cease operations after attempts to find a buyer for the stricken company failed. In a stock exchange announcement ...

Beston Global Food Co. has suggested it may be on the cusp of completing a deal for its dairy and dairy nutrition business with an unnamed party. Following the Australian company’s July ...

The Beston Global Food Company has been placed into voluntary administration blaming “a perfect storm of adverse events” for its demise. The South Australian dairy company employs 160 people ...

Gift 5 articles to anyone you choose each month when you subscribe. National Australia Bank is likely to be repaid around one-quarter of the $53 million it is owed in the collapse of ASX-listed ...