Ruapehu deal deadline likely to be extended
Administrators to apply for watershed meeting extension to November 30 as Government mulls bids.
Four bidders are understood to have made proposals for the skifields at Mt Ruapehu.
The deadline to resolve the insolvency of skifield operator Ruapehu Alpine Lifts is likely to be extended to November 30 as the Government mulls four bids to take over its operations.
Administrators were appointed to RAL last October and are required to call a watershed meeting of creditors by May
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