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Prosegur hits back at Lindsay and Peter Fox

Ronald Mizen
Ronald MizenPolitical correspondent
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Cash transport company Prosegur says its only significant competitor Linfox Armaguard wants to create a monopoly, and has denied claims it was unfairly using JobKeeper and running a loss-leading business model.

Spanish-owned Prosegur issued a detailed rebuttal to claims made by Armaguard’s billionaire owners Lindsay and Peter Fox during a Senate committee hearing on Thursday, labelling them “spurious”.

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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
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    Original URL: https://www.afr.com/politics/federal/prosegur-hits-back-at-lindsay-and-peter-fox-s-attack-20210311-p579zn