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flag A Raptis & Sons, Australia's largest wild-caught prawn business, collapsed, cutting over 200 jobs.

flag Australia's largest wild-caught prawn business, A Raptis & Sons, has collapsed after administrators failed to secure a buyer. flag The company, founded in the 1950s, is shutting down, resulting in the loss of over 200 jobs across Queensland and South Australia. flag The closure follows a failed sale process and was triggered by a poor prawn season, industry-wide oversupply, and rising operational costs.

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