Published 1 month ago

Private equity group CVC walks away from $1.83b APM bid

Summary by Ground News

The share price slide since the IPO in late 2021 has put a dent in the personal wealth of company founder and major shareholder Megan Wynne. Ms Wynne, who trained as an occupational therapist, owns more than 34 per cent of APM. She is executive chairman of the company which in October hired former West Australian premier Mark McGowan as an adviser.

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Australian Financial Review

Private equity group CVC walks away from $1.83b APM bid

Rich Lister Megan Wynne built APM from scratch in 1994 into a large player generating fees from helping people find jobs, and has expanded as an NDIS provider.

1 month ago·Sydney, Australia

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