ex beppa holders, page-29

This is from AFR online.
I wasnt sure they would get much interest but this looks promising.
from my calculations the sale price needs to be above $1.8bn before the beppa holders gat anything.

Corprate debt $518m
Asset debt $1212m
1% of sale price to Brookfield $20m
Sale costs $50m
Total $1800m



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No shortage of bidders for AET&D: reportPublished 8:56 AM, 26 Oct 2010 Last update 8:56 AM, 26 Oct 2010


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QUICK SUMMARY | FULL STORY

Prime Infrastructure Group Ltd will not be short of bidders for its WestNet Infrastructure Group when indicative bids are due next week, The Australian Financial Review reports.

The group, otherwise known as Australian Energy Transmission and Distribution (AET&D), is said to have attracted AMP Capital Ltd and Hastings Fund Management Ltd, according to the newspaper.

Brookfield Infrastructure Partners LP (BIP) recently raised its stake in Prime to 41.96 per cent under its takeover offer for the group, acquiring 5.7 million Prime securities.