By Clyde Mooney
ALH Group has confirmed it has no issue with the Laundys' purchase last week of a pub on the same Sydney block as one they just sold to the Woolworths-owned company.
The Laundy Hotel Group paid $3.5 million at auction for the Quarryman's on Harris Street, Pyrmont, just down from the Harlequin Inn, which was one of the pubs the Laundys sold to ALH in recent weeks.
Today, ALH spokesman David Curry confirmed to TheShout the company had no concerns with the deal.
"We are pleased with the outcome of the recent transactions with the Laundys and look forward to continuing our relationship with them," he said.
EDITORIAL NOTE: On Friday it was reported that the sale of the Quarryman's was from the hands of receivers. This has since been found to be incorrect and references to same have been removed from the story. We apologise for any misconceptions.
Woolworths fends off pokies campaigners
Meanwhile, Woolworths, 75 per cent owners of ALH, won an injunction on Friday against the activist group GetUp, which was trying to force an extraordinary general meeting to change the company's constitutional stance on revenue from poker machines.
Woolworths successfully argued that it would be better to resolve the matter at the upcoming annual general meeting on November 23, rather than spend thousands on a special meeting.
GetUp brought together 0.0005 per cent of Woolworths shareholders under the Corporations Act to demand the supermarket giant force $1 betting technology on the 12,000 poker machines operated in ALH venues.