The conglomerate claims it had no choice but to put Infinity Pharmacy into receivership after discovering the business was using high-price debt to buy more stores even as it was struggling to pay bills.
https://thewest.com.au/business/retail/wesfarmers-blames-major-priceline-franchisee-collapse-on-debt-funded-acquisition-spree–c-21364304
Wesfarmers blames main Priceline franchisee collapse on debt-funded acquisition spree | USAEMALL.com
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