IHG intellect holdings limited

rumour...

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    I have heard a rumour that Intellect Europe has gone into volantary administration? Sounds a bit strange. No announcements at this end. Given that IHG is an Australian publically listed company is it even possible for the European part to go into administration without the rest? Can anyone else shed light on this? I doubt it is true.
 
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Currently unlisted public company.

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