CER 0.00% 32.0¢ centro retail group

Ann: Trading Halt , page-6

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    Centro Properties Proposal to Erase $3 Billion of Debt Approved by Judge


    Q
    By Joe Schneider and Nichola Saminather - Dec 1, 2011 1:13 PM GMT+1000 .

    ...
    Centro Properties Group (CNP), whose shareholders and debt holders agreed to a plan to wipe out A$2.9 billion ($3 billion) of debt last week, won court approval for the proposal, avoiding receivership.
 
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