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it is forgoton about

  1. dollarswealth
    790 Posts.
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    04/04/08
    11:17
    Post #: 3546464
    Source: The Australian Financial Review - Friday 4 April 2008

    Centro's roller-coaster ride
    Matthew Dunckley and Paddy Manning

    But another source said there was "no chance" that Centro's funds management business could be carved out of the headstock. A better outcome would be for existing Centro management to staple itself to the separately-listed Centro Retail Trust,(CER) which would be the only vehicle left in the market.

    Centro Properties Group would be cast adrift, including any potential litigation liabilities, and its lenders would "take a haircut", under the scenario.
    CNP Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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