Big four banks have more than $1bn at stake in ABC Learning Centres

Heraldsun.co.au, 7 Nov 2008, Liam Walsh and George Lekakis

"THE 20-year-old childcare empire of ABC Learning Centres is facing a potentially slow and painful break-up that may leave the country's biggest banks facing hundreds of millions of dollars in losses."

"Major shareholder Temasek, the giant Singapore investment fund, said yesterday: "We note the serious development announced by ABC Learning. We are monitoring the situation closely and will explore all options available to us.""

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