Armaguard has rejected a $26 million lifeline offered by some of Australia’s biggest companies to keep the cash transport company afloat.
The company, which is controlled by trucking magnate Lindsay Fox, had been given until the end of the day to either accept or reject a financial lifeline to avert insolvency, and to keep cash flowing to major businesses.
Major banks,…
Read the full article at: https://www.abc.net.au/news/2024-03-28/armaguard-rejects-funding-deal-cash-transport-future-banks-coles/103643674