Paragon Care to Work With Infinity Group's Administrators for Sale, Recapitalization Process

MT Newswires Live

12/18

Paragon Care (ASX:PGC) said it will work with the receivers and administrators appointed to 54 pharmacies in the Infinity Retail Pharmacy Group for the sale and recapitalization process of the group, according to a Thursday filing with the Australian bourse.

The company had earlier been working with the Infinity Group for a payment and debt restructure plan, the filing said.

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