Chanticleer
It is a big call to go it alone. Many would buckle when PE approaches because the turnaround is too hard – or they don’t want to pass up a quick buck.
The shrinking ASX could have lost another $2 billion staple stock to private equity – twice. A strong-headed chairman got in the way of both.
The first time was in 2021, just before the wheels fell off. The second was a few months ago, as the wheels were still getting put back on.
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Original URL: https://www.afr.com/chanticleer/software-darling-shuns-suitors-to-try-its-own-private-equity-job-20240810-p5k1c8
