Tegel’s board has its cake and eats it too
Writing down goodwill would have breached a takeover condition.
Tegel Group Holdings chairman David Jackson says the board didn’t take the Bounty takeover offer’s conditions into account when it decided not to write down goodwill.
The auditor, PricewaterhouseCoopers, says the Bounty takeover offer, which directors are unanimously recommending, implies a
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Jenny Ruth
Mon, 11 Jun 2018
Mon, 11 Jun 2018
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Tegel’s board has its cake and eats it too
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