Turmoil at ARA Group as leaked memo offers investors access to $1.6bn employee-owned company... Insiders insist it's NOT for sale after confidential pitch circulated bearing board member's name
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What the source said
“Turmoil at ARA Group as leaked memo offers investors access to $1.6bn employee-owned company... Insiders insist it's NOT for sale after confidential pitch circulated bearing board member's name”
The confidential memo suggested a pathway for outside investors into one of Australia's biggest employee-owned companies, despite company leaders insisting no sale process exists.
Read at Daily Mail – NewsReported by one source so far. It is confirmed when a second, independent source reports the same thing.