Author name: Clyde Mooney

PUBLIC HOSPITALITY PUBS JOIN WAVE OF INSOLVENCIES

The Adgemis Public Hospitality empire is in flux again, threatening its refinancing efforts, as two pubs in the portfolio enter administration alongside a record-breaking number of Aussie businesses. Public Hospitality Group (PHG) is scrambling to retain its collection of over 20 pubs across Sydney and Melbourne, but despite ongoing negotiations one of its financiers has

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