After six months of negotiations, it seems there’s to be no sale at the Turners’ inn, after all.
Street Talk hears the proposed $200 million sale of Spicers Retreats luxury hotel portfolio to Melbourne fund manager Salter Brothers has gone cold. Salter had been in exclusive talks and due diligence, but they’re now understood to be off.
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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
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
