Earthtimes.org, 30 Sep 2008, DPA
Eddy Groves, who founded Australia's troubled ABC Learning Centres Ltd 20 years ago, left the world's biggest child minding company Tuesday. Earlier this year margin calls forced Groves and his wife, Le Neve, to sell almost all of their shares. They announced they would be leaving all board and management positions.
The biggest shareholder in the company, which has operations in Australia, New Zealand, Britain and the US, is Singaporean sovereign wealth fund Temasek Holdings.
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