Company to ask shareholders to approve name change as parent company seeks to distance itself amid controversy over detention centre contractsBeleagured detention centre operator Transfield Services will ask its shareholders to approve a change in name and logo to Broadspectrum”,after the company’s founding family withdrew its permission to exercise their Transfield brand.
The privately-held parent company Transfield Holdings, which is owned by the sons of founder Franco Belgiorno-Nettis, and is seeking to distance itself from Transfield Services because of continued controversy over Transfield Services’ detention centre contracts.
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Source: theguardian.com