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Myriam Robin

ARA adds Joe Gersh to Cromwell arsenal

The locked-down Melbourne corporate lawyer is the latest high-profile business figure to be drawn into the internecine and very bitter conflict.

Myriam RobinRear Window editor

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If the prospect of adding famed corporate raider Gary Weiss to Cromwell's board doesn't entice Cromwell shareholders, maybe Joe Gersh will sweeten the deal?

The currently locked-down Melbourne corporate lawyer is the latest high-profile business figure to be drawn into the internecine and very bitter conflict between the Singaporean property investor and Cromwell Property Group. In brief, ARA owns 24.07 per cent of Cromwell and wants the board seat that should entitle it to. But Cromwell says it's a competitor trying to take it over by stealth.

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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/ara-adds-joe-gersh-to-cromwell-arsenal-20200721-p55e0d