Business Services Industry
PEP to sell research firm stake.
Australasian Business Intelligence, November, 2005
Byline: Neil Shoebridge
Nov 20, 2005 (The Australian Financial Review - ABIX via COMTEX) -- Increasingly profitable Australian marketing services company AMR Interactive is for sale.Current 50 owner Pacific Equity Partners
(PEP) is divesting all of its interest, and AMR's managers are also selling part of their own stakes. AMR has gone from $A0.637m in profit in fiscal 2003-04 to an expected $A2.6m in 2005-06. However PEP is now interested in bigger investments than AMR, which was one of its first acquisitions. The
sale ...
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