In the Fin Review today
1) Expect an announcement on a cap raising of $1b to $1.5b
2) Canadian Pension Fund to take a stake as a conerstone investor in one of GMG's asian funds.
3) CIC to take more equity on top of the stock recently taken. I have heard they could take up to 20% of the cap raising to be announced.
4) Majority of banks seem happy with the above and should be willing to roll over next round of debt due late 09 to 2012
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Price($) | Vol. | No. |
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32.990 | 1105 | 9 |
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