BNB babcock & brown limited

49 mil coming soon

  1. Ya
    6,809 Posts.
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    01/10/08
    19:34
    Post #: 4333963
    From the latest announcement, Land Lease to buy BNB's stake in BBC for $49.3million.

    In all Land Lease to invest 236.8million in BBC.

    Transaction for this will be in 2 stages.

    Stage 1: Take 50% stake for $25.9mil
    Stage 2: Remaining stake for $23.4mil

    For stage 1, BBC neeeds a waiver from the ASX.

    cheers

    BNB Price at posting: $2.26 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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