Hotel beds


MFS, Centro and Allco – the teetering trifecta

The teetering trifecta of MFS, Allco and Centro are continuing to provide plenty of action as they sink under a truckload of debt and the bad smell of destroyed reputations ,writes Stephen Mayne.

MFS joins Centro on the debt-addicted emergency list

Shares in Australia’s second biggest hotel operation, MFS, were today smashed by up to 70% as it emerged from a two day trading half to join Centro in the debt-addicts emergency clinic, writes Stephen Mayne.