BBI babcock & brown infrastructure group

bbi warns of wipeout threat, page-4

  1. 5,866 Posts.
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    wonder if you'd be thanking melua if you held Beppa......you obviously have not informed yourself sufficiently to be high fiving melua........

    Today's Fin Review P11
    "The recapitalisation proposals, due in coming weeks, are likely to see investors sell their preference shares and hybrid securities for ordinary shares in a $1.5 billion deal that will secure a cornerstone investor Brookfield Asset Management and help rpay debt"

    Disc: Not holding Beppa, long BBI (confident of a reasonable outcome within the next couple of month)
 
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