AAD ardent leisure group

News: AAD Ardent Leisure updates on D'Albora marinas sale process

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    March 21 (Reuters) - Ardent Leisure Group (AAD) :

    • Ardent Leisure announces d'albora marinas sale process (AAD)
    • Process will involve selling d'albora marinas, the largest marina group in

      Australia

    • Scheduled number of new centres to open in FY 2017 will accordingly increase

      from 8 to 11

    • Expected that the balance of the group's assets and revenues will become more

      weighted to the US

    • Conducting a full review of group's stapled security structure to assess its

      appropriateness

    • Process includes "undertaking a review of strategic options for the health

      clubs"

                            
 
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