This part is a worry..
"Centro Retail Trust chairman Peter Day said the blackstone
sale 'unlocked significant financial capacity'which would be used to recapitalise the trust.
He stressed that investors would be better off in a trust where they owned all the assets.But many investors are concerned that they could be crushed in the negotiations."
.. it also say's the new vehicle will have 70 centres, with total value of (ONLY)$4billion and debt position of around 35%..what happen to the other (CNP $3bil and CER $3.5bil)
..their are alot of holes to be filled,and it sounds like he already has an agenda-AT WHAT COST?..i'm not convinced he will do the right thing by SH, especially after the superllc loses, Tsenin still our CEO,
and the coralling of CNP SHolders.
Is anyone else concerned about this..?
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