Business
Frydenberg puts the brakes on Getswift’s Canadian escape – Sydney Morning Herald
Federal Treasurer Josh Frydenberg has put the brakes on GetSwift’s plans to re-domicile in North America.
Federal Treasurer Josh Frydenberg has put the brakes on GetSwifts plans to redomicile in North America by blocking the last mile logistics provider’s plans to exit the ASX while a class action and a regulatory legal battle works its way through the courts.
Getswift shares have plunged since it announced plans in September to list with an obscure Canadian stock exchange, Neo. At the time Getswift said the move reflects the tremendous business opportunity in North America as well as the fact that…
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