According to Business Spectator, BNB has sold its 20% stake in EBB for $2m. This transaction makes it clear who is in the driver's seat, if you had any doubts!! 4 cents per share is less than cash in the bank and EBB has no debt.
http://www.businessspectator.com.au/bs.nsf/Article/Babcock-sells-EBB-stake-for-2m-$pd20081208-M53SA?OpenDocument&src=srch
BNB
babcock & brown limited
According to Business Spectator, BNB has sold its 20% stake in...
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