Wesfarmers blames major Priceline franchisee collapse on debt-funded acquisition spree
admin 3 hours agoNew York StateComments Off on Wesfarmers blames major Priceline franchisee collapse on debt-funded acquisition spree1 Views
The conglomerate claims it had no choice but to put Infinity Pharmacy into receivership after discovering the business was using high-price debt to buy more stores even as it was struggling to pay bills.
