I would suggest the impairments were a reflection of the reality in Europe.
persistentone wrote: "would suggest they anticipate a gain on the DBCT sale (which would be bullish)."
The understatement of the year..lol
It's in the books at $1.8Bn. If they cannot sell it for at least $1.8Bn, we should all give up on BBI/BEPPA.
Ann: Anticipated Impairment Charge , page-61
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