Mergers & Acquisitions Mergers & Acquisitions

Comment: Penniless Australian cash-distributor Armaguard drives a hard bargain

By Ryan Cropp
  • 05 Jul 2024 02:45
  • 05 Jul 2024 02:45
When Australia’s competition watchdog waved through the merger of the country’s last two major cash-in-transit operators in June last year, few antitrust watchers expressed their disapproval.
With cratering cash use rapidly undercutting the business models of the two companies, Armaguard and Prosegur, the attention of the Australian Competition & Consumer

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