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Enero sells stake in Frank PR as part of management buyout March 3, 2021 11:07 Enero Group Limited has sold its interest in Frank PR as part of a management buyout by founder and chairman Graham Goodkind and managing director Alex Grier. Goodkind and Grier were two of Frank PR’s existing 25% minority shareholders, with Enero holding a 75% stake. In an ASX announcement, Enero revealed it has now sold the agency which was originally acquired in 2007. Frank PR’s Australian operations shuttered in 2020. Enero will recognise a non-cash loss on the sale of approximately $9.5 million to $10 million, before income tax, and after allowing for cash consideration of $1.5 million for the 75% stake.

New south walesZanda wilsonAlex grierGraham goodkindEnero groupMusic network radioAlex grierbrent scrimshaweneroenero group limitedfrank prgraham goodkindEnero group limitedBrent scrimshawDigital edgeLeading edgeAnnalise brownAssistant editorMusic networkRolling stone australiaBrag magazine