Intueri to quit Australia after losing subsidies, says all assets may be up for sale

Thu, 02 Feb 2017

By Paul McBeth Feb. 3 (BusinessDesk) - Intueri Education Group will quit Australia by the end of the year after losing federal government subsidies and is considering bids for some of its assets, saying it was probably in breach of its banking covenants in 2016. The Auckland-based private education provider is undertaking a strategic review of operations in both Australia and New Zealand and is considering approaches from "a number of interested parties", it said in a statement. Its Australian subsidiary, Conwal & Associates, won't re...

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