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Blue Sky sells childcare assets at discount to carrying value

Vesna Poljak
Vesna PoljakCompanies editor
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Short-seller Glaucus has claimed another scalp in the bitter war with target Blue Sky Alternative Investments after Blue Sky exited its childcare business at up to a 23 per cent discount to carrying value.

The sale was disclosed by Blue Sky's listed investment company, which is a co-investor in Foundation Early Learning.

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Vesna Poljak is the Companies editor. She was previously the Markets editor with a special interest in the investment industry, hedge funds and accounting. She is based in the Sydney newsroom. Connect with Vesna on Twitter. Email Vesna at vpoljak@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/blue-sky-sells-childcare-assets-at-discount-to-carrying-value-20180501-h0zgsg