CWY 0.71% $2.81 cleanaway waste management limited

Ann: Acquisition of SKM Debt and Appointment of Receivers to SKM, page-2

  1. 4,880 Posts.
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    Don't know what's behind this:
    "Commenting on the investment, Cleanaway CEO and Managing Director Vik Bansal said: “The acquisition of the Debt will allow us to work with the receivers to examine viable options for SKM. If a sale process is undertaken and, if we are successful in purchasing any assets, we will return the assets to a sustainable footing. It will also present us with an opportunity to add to our network of prized infrastructure assets as part of our Footprint 2025 strategy.”
    Maybe Vic govt lending a hand somewhere?
 
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