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Alistair Hartley will come on board to help his former boss execute on a fresh program of hotel upgrades as part of her three-year turnaround plan.
Atlas chair Debbie Goodin said she was blindsided by IFM as it made its takeover approach, but remains open to an improved bid.
CEO Jason Boyes told Capital Brief there’s no point in committing capital to smaller companies in its portfolio when the data centre outlook looks so rosy.
The three infrastructure asset managers have been actively buying Australian telco infrastructure in recent years with superannuation funds also in close orbit.
The AI factory builder was expected to list on the ASX in June. Then September. Now, early investors are resigned to the risk it is pushed back even further.
