BBI babcock & brown infrastructure group

bnb administrators report - a must read, page-15

  1. 315 Posts.
    > ... asset sale delays and impairments are causing the tightrope to fray

    Impairment# Forecast an asset impairment charge of between $900 million and $920m
    Impairment# Warned it will book a €120 million ($208THmillion) loss on the part-sale ...
    Delay# Revised an agreement to sell a stake in Euroports, with the purchasers ...
    Delay# Amended an agreement to sell its Euroports interest, which will see it ...

    Even original posts on the DBCT sale process, on HC, were positing everything to be "done and dusted" by September.
 
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