Downer serves up Spotless Catering deal
Infrastructure company sells underperforming catering brand businesses to Doltone Hospitality, signals more divestments to come.
The catering businesses held contracts including Mt Smart Stadium.
Downer has confirmed it will slice off its underperforming Spotless New Zealand catering division, as it cuts costs and refocuses on its core utilities and energy businesses.
The country’s biggest infrastructure company, listed on the ASX as Downer EDI, has agreed terms for the sale of its
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