CNP
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0.00% 4.0¢ cnpr group

cnp on auction

  1. yuyu52
    2,918 Posts.
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    08/02/08
    17:32
    Post #: 3335137
    Centro Property Group
    The Melbourne-based property group is seeking buyers for assets after negotiating a standstill agreement with its financiers.
    Banker: Lazard Carnegie Wylie for Centro Property, Rothschild for Centro Retail,
    Legal: Freehills
    Potential bidders:ISPT, Westfield, Stockland, Mirvac, Capitaland, Mulpha and other property investors.
    Likely sale price: Up to $25 billion of property assets potentially for sale
    Update: Data room for offers for Centro itself or its interest in two property funds opened on Jan 29, standstill agreement with banks expires on February 15.
    CNP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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