News
Strategic purchase falters, parties resume talks
Wednesday 15th of October 2008
Allco agreed to the sale to a group comprising managers and directors of Strategic and a unit of BOS International on August 29. “We believe that completion of the conditions precedent is unlikely to be achieved” by the due date of Oct. 31,” Allco company secretary Tom Lennox said in a letter to the ASX, requesting a trading halt on its shares.
Parties to the sale “are intending...
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