Jon Newbery News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Downer shops $244.4m yearly hospitality contracts to rivals Save Share ASX-listed Downer Group is cooking up a deal to exit the hospitality sector. Street Talk can reveal Downer has started shopping a bucket of 210 hospitality sector contracts in its Spotless Group arm to rival services companies, pitching it as a “low concentration portfolio” across Australia and New Zealand. Downer’s contract to provide catering services at Sydney’s Taronga Zoo is included in a portfolio of up-for-grabs contracts.   Kate Geraghty Downer said the up-for-grabs portfolio was likely to pr...