Chanticleer
Grant Fenn wants investors to give him $400 million to fund his plan to make Downer a small business largely focused on government contracts.
It’s a very COVID capital raising.
Downer chief executive Grant Fenn’s plan to raise $400 million has at its heart a clear message that the pandemic has turned the hairline fractures in the group’s business model into cracks that can no longer be ignored.
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Original URL: https://www.afr.com/chanticleer/taxpayers-at-heart-of-downer-s-covid-reset-20200721-p55e3b
