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 :-)
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Held