Advisory: peHUB looks into claim of $73 bln sale of stake in Australian parking company

PeHUB has taken the unusual step of removing a news brief from its website as it works to confirm the truth of a press release announcing the $73 billion sale of a “significant stake” in an Australian parking company.

A press release that remains available on PRNewswire said Parking Made Easy had sold the stake to a group of private equity firms for $73 billion. The press release did not name any of the firms, but described them as being located in London, Washington, DC and Rome.

The company did not return several phones calls Wednesday. We will update the situation if we learn more information.