Ann: Becoming a substantial holder, page-25

Dips. A 3 for 8 absolutely wont do it for us-more like 3 for 1 or 4 for I.
Im about to go thru the detail of the BBG issue but I can see 4(or 5?) big similarities:
* An iconic brand,considered well worth saving
* Debt out of hand
* Nothing to sell to bale itself out
* zero chance of trading getting better soon
* Base or core assets good earners when things are going their way

I will have a look at the all-important detail of the BBG issue now and post again
Cheers