The advisory arm of McGrath Nicol has stepped in to assess the future of Wild Breads, a company operating under troubled asset manager Blue Sky Alternative Investments’ (ASX: BLA) private equity fund.
Wild Breads is a wholesale artisan bakery that encompasses the Sol Breads, Nomad Breads and Wild Breads brands.
Blue Sky released a statement today that McGrath Nicol’s Inline Advisory business has been appointed by the board of Wild Breads to evaluate its strategy, growth plans and capital structure requirements.
Blue Sky confirmed that, as part of the appointment, Inline Advisory would also help Wild Breads review its “potential acquisitions”.
In addition to advisory, McGrath Nicol operates a…
Read the full article at: https://www.businessnewsaus.com.au/articles/blue-sky-denies-insolvency-rumours-as-mcgrath-nicol-begins-work-on-wild-breads.html
