
Maxine Horne walks away from Telstra in $110m deal
After 26 years, the Vita Group has cut its ties to Telstra and will sell its retail outlets to the communications giant for $110 million, returning all but $35 million to shareholders.
After 26 years, the Vita Group has cut its ties to Telstra and will sell its retail outlets to the communications giant for $110 million, returning all but $35 million to shareholders.
Maxine Horne’s Vita Group has laid out plans to enter a $5 billion market to recover the company’s future prospects after the shock decision by Telstra to claw back its franchise stores.
Subscribe to InQueensland - It's FREE!
Daily news stories covering politics, business, arts and culture. Your new address for everything that’s happening - InQueensland.
Thank you for subscribing to InQueensland