CNP 0.00% 4.0¢ cnpr group

centro board invites expressions of interest.., page-4

  1. 25,108 Posts.
    This announcement to me is says that this is not a small picture property sell-off, it's actually a big picture review of all options, including:-

    1. Re-capitalisation
    2. Equity Issuance
    3. Acquisition of Centro
    4. Acquisition of the Groups interest in its Australian, US & wholesale funds

    "Centro has received a significant number of unsolicited expressions of interest from a range of strategic and financial Investors in potential investments in the Group and certain of our assets."

    So, now they are soliciting in the nicest of ways - lol! It will be interesting to see the deadline for responses and those responses.

    Cheers, Pie :-)
 
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