two new bnbs

LZ

I think down the track the split up of BBI will eventuate as follows; Total sale of power generation assets being Ecogen, Redbank and remaining 8.9% of BBW, leaving two new Babc*ock and Brown entities to crystalize. Effectively they would be BB Ports and BB Energy. As they have alluded, the enterprise value with North Western Corporation coming on the books is now heading towards $10b. Justification on size alone for a split.