Not for sale

Following last month’s news that Tenix Defence had been sold to BAE Systems Australia, Tenix has announced that it has decided to discontinue the sale process of Tenix Alliance, and retain its ownership of the infrastructure services business.

“The sale process generated much interest in Tenix Alliance from a range of Australian and international companies," Tenix Group Managing Director Greg Hayes said.

"However, none of the offers presented to the shareholders represented a sufficiently attractive alternative to continued ownership."

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