re: Ann: Euroports - Co-investors take 29.7% ...
The problem is that you need cash to fund the growth. If you cannot get it from debt markets, you need to get equity. Equity, in return terms, always costs more than debt, however I believe it is a good deal given current market conditions.
For businesses to grow and survive in today's market stratgic alliances are needed. Sure you won't get the massive increases in growth, but survival is the key and cash is king at present to any business. IMO it is better to retain your assets (whether in part ownership)and plan for moderate growth, rather than being forced into a fire sale.
Cheers
BBI Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
