The administrators appointed to restructure Jenny Craig's Australian and New Zealand businesses say they are drawing close to securing a sale of the embattled company, sparking hopes it will avoid the same fate as its US parent company.Jenny Craig Australia and New Zealand went into voluntary administration last Tuesday, just days after its American arm, which operates independently, filed for bankruptcy.The Australian and New Zealand businesses have continued to trade since then, and on Thursday administrator Vaughan Strawbridge indicated a sale to secure the company's future is close.
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