Does the article imply that the $585 million is before or after the $516million odd of debt? ie. if before debt does it mean net proceeds to BEPPA holders of around $60million? which means after BAM's fees there will be nothing left for ex-BEPPA option holders....?
a re-capitalisation by the former BEPPA holders sounds better. they should put that idea forward at the meeting to vote to approve whatever sale they propose...
Does the article imply that the $585 million is before or after...
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