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Article: Alesco sale removes tension.
- Article from:
- Australasian Business Intelligence
- Article date:
- April 27, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Scott Rochfort
Apr 27, 2009 (The Age - ABIX via COMTEX) -- The sale of one of its divisions has lifted pressure from Alesco Corporation. It has sold its Biolab laboratory equipment arm to US-based Thermo Fisher Scientific for $A175 million. The $A65 million profit has removed Alesco's concerns about the refinancing of $A150 million of ...