Bill Barry-Cotter negotiating Riviera buyback
TODAY'S Gold Coast Bulletin revealed Maritimo's Bill Barry-Cotter is attempting to buy back Riviera.
According to The Bulletin's website, Barry-Cotter has been negotiating with Riviera receivers since last year and could buy it for a fraction of the price he sold it for a decade ago.
Barry-Cotter sold Riviera to a private equity group for $180 and according to The Bulletin, industry sources indicate it could be sold for less than $30 million.
More to follow.
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latest comments
| 8:05PM |
"The LOA is 15ft exactly without the bowroller." Adrian Concilia on What boat is this? |
| 12:30PM |
"Denzel, I doubt if Bill buys Riv he will be doing the designs etc. He is a smart business bloke and will ensur..." B.Knags on Bill Barry-Cotter negotiatin... |
| 9:17AM |
"Looks like a Riviera built in White Street Mordialloc Victoria in the 1970's the company later became Sportcra..." Terry Kennedy (TK Marine P/L) on What b... |
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