Can anyone confirm that the deal currently on the table is a 2 way deal with Commonwealth Bank and their Collonial First State Property Trust. Commonwealth will refinance subject to rolling the asset to Collonial First State for 90 cents / share. The current sticking point is 90cents as CNP are seeking more. Makes sence to me and the reason the 90cents was first talked about by the financial Review last week.
Kind reg
ang01