I'm not across BCM, but $5m price to cancel the management agreement looks like good news for BBI & BBP.
Subject to BCM shareholder approval, BCM and Babcock & Brown have agreed to terminate the existing Management Agreement and Advisory Agreement in consideration for a one-off payment of $5 million, funded from the Company’s existing cash reserves.
- Forums
- ASX - By Stock
- BBI
- management internalisation
management internalisation
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)