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Article: Sale a shot in the arm for Alesco's balance sheet.
- 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: Michael Smith
Apr 27, 2009 (The Australian Financial Review - ABIX via COMTEX) -- The sale of one division has improved the prospects of Alesco Corporation. The industrial brands group sold its scientific and medical business, Biolab, to US company Thermo Fisher Scientific for $A175 million. This will reduce its debt so that ...
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