Cash transport company Armaguard urged to accept financial lifeline

2024-03-27 136

The cash transport company Armaguard has been given until the end of today to either accept or reject a financial lifeline to avert insolvency and keep cash flowing to major businesses. Major banks, supermarkets, Australia Post and retailer Wesfarmers proposed a $26 million rescue package last week, but the consortium is yet to receive an answer from Armaguard.