Apples,
The source you quoted simply got it wrong because the sale referred to IFN and it had nothing to do with BBP. It is not the first time the media, both domestic and foreign, has made a mess with Babcock & Brown and its satellites and it probably won't be the last.
If you haven't already done it I suggest that you, and anyone else who wants to keep in touch with their investments, check out www.wotnews.com.au where you can set up an account for free and set up an email service where wotnews will send you ASX announcements released by the companies you have chosen to monitor whenever they make an announcement to the market.
These announcements come directly into your inbox and are directly from the companies themselves on the day that they make them and are a great way to keep up to date with what your company is doing. If you are hooked up to this service and you read something in the media about major asset sales for example you can verify it by checking your email inbox to see if an ASX announcement has been made in relation to what you read, and if there is no announcement then you know it to be false.
Add to My Watchlist
What is My Watchlist?