Armaguard secures a $50M deal to maintain rural cash deliveries for major banks, supermarkets, and retailers.

Cash distribution company Armaguard secures a $50M deal with major banks, supermarkets, and retailers, including Coles, Woolworths, Bunnings, and Australia Post, to maintain cash deliveries to rural Australia for at least another year. The Australian Banking Association will determine the situation after this period. Armaguard faces financial difficulties due to the long distances involved in delivering cash to rural areas.

June 24, 2024
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