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