re: Ann: Market Update - Revised Syndicated F... 'Sale of Austral is sad'
More than half a year ago when they were busy with share consolidation I told them to not worry about share consolidation. I told them to start selling non performing assets. They ignored me. If they sold some non performing assets back then maybe they don't need to sell Austral now?
Anyway, at this juncture, if the parts look like they're worth more than the sum it would make sense to sell some of these businesses (even though they're premium brands) to help extinguish some more debt and re focus on their core businesses rather than being distracted by so many different entities.
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Ann: Market Update - Revised Syndicated Facility , page-9
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