Parent company pulls pin on Mothercare

 In Australia, NewZealand

Maternity and childrenswear chain Mothercare Australia is going into administration after its sale to the Myer family company fell through, the company says.
Mothercare Australia said an agreement for the company to be sold to Myer Family Company Holdings on Tuesday was terminated by the Myer family company after some of the conditions set as part of the sale were "not fulfilled or waived".  Sydney Morning Herald – Read more…

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