GenesisCare founder exits as firm’s future hangs in balance
The founder of what was considered one of Australia’s greatest success stories in the healthcare industry is stepping down, as it struggles with its expansion into the US.
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First round offers for Scott’s Refrigerated Logistics were received on Thursday after the loss making company collapsed.
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Lenders push for GenesisCare deal
Calls to sell GenesisCare’s Australian business are being driven by a group of breakaway lenders that are taking a differing view on how to address the healthcare company’s lofty debt woes.
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The food franchise business behind brands such as Donut King and Gloria Jean’s remained in a trading halt on Wednesday as it finalised its equity raising terms.
Telstra taps bond market for $650m
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Coles and Woolies to tip in cash until Scotty’s buyer found
Receivers are closing in on a short-term funding deal with supermarkets for the failed Scott’s Refrigerated Logistics as up to 20 potential buyers run their eyes over the company’s books.
Original URL: https://www.theaustralian.com.au/author/bridget-carter/page/199