Business
Freedom Foods recap plan secured after options, notes approved – The Australian Financial Review
Freedom Foods chairman Genevieve Gregor has pulled off a highly complex recapitalisation, which has saved the company.
She looked to reassure investors that the right management is now in place to drive the group forward after a near-death experience.
Passing of the resolutions means the unlisted notes can be issued to Arrovest under the placement and to current and former directors, and other professional investors, under the wholesale offer and are capable of being converted into shares and will not be cash-settled.
We have dramatically improved governance and protocols, systems and processes.
Genevieve Gregor,…
-
Noosa News22 hours agoMajor crash on Gateway Motorway snarls morning commute
-
Business24 hours agoUp 34% this year, can Challenger shares keep rising according to Macquarie?
-
Business19 hours agoThis ASX 200 mining stock is eyeing the lithium throne
-
General23 hours agoMelbourne AFLW skipper Kate Hore backs league’s future, citing rising skills and talent