"Further, I hope the people who did the deals in selling the assets to BBI, stay, and manage the deals of purchasing back, for BNB entities, those same BBI assets ;)"
They can buy BBI's assets back at book value or better. That would be fine by me and other BBI/BEPPA holders. It would unlock approximately $1.30 net cash per BBI security.
By the way, BNB do not actively manage BBI's assets. BNB were the deal makers and got a fee for "advisory" work. The assets are actually managed on a day to day basis by BBI staff and in cases where BBI are co-partnering such as Euroports and the North American gas assets, the partner/s manage the businesses.
BNB
babcock & brown limited
"Further, I hope the people who did the deals in selling the...
Add to My Watchlist
What is My Watchlist?