Let us go back in time for one moment...for holders still on this torture rack,,,with hindsight what an absolute load of garbage..
20th April 2015
In a statement today to the Australian Stock Exchange, he said: “In reaching the decision to acquire PSD, we have undertaken a bottom-up, fundamental assessment of PSD’s historical performance and future potential, leveraging a large team of internal experts and external advisers. As part of this we restated PSD’s financials using Slater & Gordon’s own evidence-based accounting policies.
“This work, together with our firm’s deep UK market experience and track record of successful acquisitions and integrations, underpins our confidence in the opportunity. I am looking forward to moving back to the UK to lead the local team and our enhanced UK and European operations.”
Slater & Gordon’s group managing director, Andrew Grech, said: “The acquisition of PSD is a transformational opportunity for Slater and Gordon… It is anticipated the acquisition will deliver significant value to Slater & Gordon shareholders.”
