BNB babcock & brown limited

Can someone please tell me who will own BBIPL if BNB goes into...

  1. StatsMan
    1,600 Posts.
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    08/02/09
    23:11
    Post #: 4774045
    Can someone please tell me who will own BBIPL if BNB goes into administration? Currently, BNB own 99.75% and private investors own the remaining 0.25% of BBIPL, so what will happen to the BNB stake? Will it simply be sold off to the highest bidder?

    I'm just trying to understand who the management of BBIPL will be working for if BNB goes into administration. They will no longer be working for the shareholders (if they ever did).. so who will be running the show?
    BNB Price at posting: 32.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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