LAU 2.65% 92.0¢ lindsay australia limited

This was a 'Data Room' Bridget Carter 'The Australian' article...

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    This was a 'Data Room' Bridget Carter 'The Australian' article in today, separate from the above Jared Lynch general business pages one:

    (LAU is no longer referred to as 'Lindsay Brothers' but we get the journalist's gist):

    "Transport companies Toll Holdings and Lindsay Brothers are believed to already have held talks about a potential acquisition of Scott’s Refrigerated Logistics Group after it collapsed into receivership on Monday.

    KordaMentha’s Scott Langdon, Kate Conneely, Michael Korda and John Mouawad are acting as receivers on behalf of creditors, while Anchorage has appointed McGrath Nicol as the voluntary administrator of the business.

    Sources say it was lender Gordon Brothers that called in the receiver, and now a sale process will happen swiftly.


    Anchorage purchased Scott’s in 2020 from AP Eagers for a price understood to be about $75m..."

 
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92.0¢
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-0.025(2.65%)
Mkt cap ! $289.6M
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94.5¢ 94.5¢ 92.0¢ $440.6K 469.8K

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