Downer EDI's takeover of Spotless has largely been a success so far, with one notable exception – its troubled Royal Adelaide Hospital contract which continues to cost the group more than $3 million a month.
Now the man who has been handed the job of fixing the Royal Adelaide mess is about to get a wider remit within the Spotless division.
Loading...
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com