CNP
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announcement "cromwell discussions concluded"

  1. gaz
    698 Posts.
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    15/02/11
    09:34
    Post #: 7891423
    Looks like the lenders have told CNP not to proceed with the potential sale.

    "Centro Properties Group (Centro) announces that the exclusive due diligence granted to
    Cromwell Group in relation to the Centro MCS Syndicates funds management business
    has expired.
    Centro confirms it has concluded discussions with Cromwell and that the potential
    transaction in relation to the syndicates business will not proceed. This decision to
    conclude the discussions with Cromwell has the general support of Centro?s lender
    group."
    CNP Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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