yesterday on Reuters - Standards Australia, the not-for-profit industry group which spun off SAI Global Ltd a decade ago, may seek to buy back the publishing unit of the Sydney-listed compliance firm, a spokesman at Standards Australia told Reuters on Thursday.
"Standards Australia is exploring all opportunities available to it in the interests of our members and stakeholders," a spokesman said when asked if the company wanted to take its publishing operations back in-house.
The interest will prolong what has already been a four-month period of uncertainty about SAI's ownership. It also adds weight to PEP's concerns - which SAI confirmed in a statement on Wednesday - about the future of SAI's publishing contract with Standards Australia.
SAI Price at posting:
$4.22 Sentiment: Hold Disclosure: Held