CER
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Lend Lease are offering to buy out the CNP holding. They can't...

  1. Tahnsk
    4,683 Posts.
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    03/06/11
    14:35
    Post #: 8495108
    Lend Lease are offering to buy out the CNP holding. They can't buy out CER because we own it. :-)

    So instead of the senior lenders owning CER shares via CNP, LL is offering to pay the senior lenders to take up their position.

    That's my understanding.
    CER Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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