Relief for stranded Rotto travellers

Relief is on the way for stranded holidaymakers on Rottnest Island after a major ferry service decided to brave dubious weather conditions this weekend.

Rottnest Express had cancelled services until Monday, after forecasts of gale-force winds. It left up to 200 people stranded on the island until at least Monday, after the other operator, Oceanic Express, also decided against taking to the sea this weekend.

But Rottnest Express today decided to run skeleton services this weekend, with four trips to the island, and two back, tomorrow and Sunday.

Chief executive Tim Crosland said the company believed it had an obligation to always provide services “if safe”.

Each scheduled journey would be assessed on the prevailing weather conditions, he said.

Oceanic Express is running a service today for pre-booked passengers.

Source www.watoday.com.au

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ABC Learning’s UK business sold – Receiver

THE receiver of ABC Learning Centres has sold the childcare group’s UK arm for an undisclosed sum.

ABC’s UK business, called Busy Bees Group, was purchased by Singapore-based company Knowledge Universe Education, Chris Honey of McGrathNicol said today. 

Mr Honey said Busy Bees Group, which is the UK’s largest children’s nursery group, will continue to be operated by its existing senior management.

“As receivers, we are very happy with the value realised for this business, and are pleased to have sold it to an internationally respected childcare provider,” he said.

He said Busy Bees Group was in a similar situation to ABC’s business in New Zealand, as it was not itself in receivership and had continued to trade profitably.

Mr Honey said the sale of the ABC in New Zealand was progressing well and that strong interest from a number of bidders had led to an extension of the sale timetable.

Mr Honey said no decision had been made yet on a timetable for the sale of the Australian business.

“The ABC Learning centres in Australia continue to trade well, with the focus remaining firmly on providing high quality childcare, driven by the local ABC centre staff at a community level,” Mr Honey said.

ABC, Australia’s largest childcare centre operator, went into administration and receivership in November 2008, owing more than $1 billion.

Source www.news.com.au

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