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Armaguard Seeks New Talks After $26 Million Deal Rejected

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Armaguard Seeks New Talks After $26 Million Deal Rejected
An Armaguard truck travels through Sydney, June 26, 2008. AAP Image/Melanie Foster
AAP
By AAP
3/29/2024Updated: 3/29/2024
0:00

Armaguard is seeking a new cash injection offer after rejecting a $26 million (US$16.9 million) deal from the nation’s biggest retailers and banks.

On March 28, the currency transfer business turned its back on the package from the Australian Banking Association, the big four banks, Woolworths, Coles, and Australia Post.

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Australian Associated Press is an Australian news agency.
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