Collins’ departure comes as Kew Media is undertaking a strategic review of the business with the company open to being split up or sold. At the end of last year, thedistributor revealed that its lenders had provided notice of an event of default under its senior credit facilities, which Kew said was due to the “inaccurate information” provided to them by the former CFO, Geoff Webb, who left the business.
It’s thought that Kew Media Group will likely be bought by private equity investors, which would delist the company from the stock market.
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