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Myriam Robin

Keybridge gets its money back

A full year after Keybridge Capital sent $5 million Antony Catalano's way to buy a stake in Australian Community Media, the money has been returned.

Myriam RobinSenior Writer

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Finally, a full year after Keybridge Capital sent $5 million Antony Catalano's way to buy a stake in Fairfax's old regional newspaper empire, Australian Community Media, the money has been returned. So Keybridge finally got around to telling its investors on Monday, in a statement that erroneously said the money had been recieved on June 24*.

Typical, really. Tardy disclosure has been the way of this whole affair.

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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that 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/keybridge-gets-its-money-back-20200727-p55fye