The former KPMG dealmaker will likely stay on as executive chairman of his Public Hospitality Group after reaching a deal with Deutsche Bank to avert collapse.
The company, which owns a sprawling portfolio of pubs, has been attempting to refinance its significant loans with Deutsche Ban in a bid to avert collapse.
Peter Conistis left CBD restaurant Alpha to make way for Melbourne celebrity chef George Calombaris. Now his new project is just about ready for launch.