PIH prime infrastructure group.
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aet&d, page-30

  1. timber1956
    7,428 Posts.
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    27/06/11
    12:03
    Post #: 8591303
    There is a reported binding deal for ATCO, Duet and Palisade to "...purchase the portfolio for about 565 million (more than the 518 million in debt owing on it)..." AFR, Page 20

    This is ambiguous!

    Does it mean 565 million before or after the 518 million corporate debt. If before, then I don't see that there would be anything left after tax, stamp duty and Brookfield's 1% fee. If after, it is a huge win for the former BEPPA holders.
    PIH Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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