
Deal focus: Fortitude rings in 9x return on Shopper

Shopping mall-focused digital advertising business Shopper Media Group rode out Australia’s lockdown woes to seal a sale to Woolworths, with Fortitude Investment Partners getting a 9x return
Lockdowns initiated by Australia’s six states – sometimes simultaneously – between July 2020 and December 2021 amounted to more than 450 days. Melbourne alone was subject to 260 days of restrictions,...
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