GEM 2.15% $1.19 g8 education limited

Ann: Agreement to Divest Centres & Trading Update, page-3

  1. 5,714 Posts.
    lightbulb Created with Sketch. 1598
    these centres likely have long leases, so this is paying someone to be able to walk away from lengthy leases in non profitable locations

    G8 obviously sees these sites as too difficult or unlikely to turn around
 
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