Maybe so, but I doubt BBI would take the risk. It's got notes of it's own to worry about (BEPPA) and it will want to disassociate itself from the Babcock name.
If it can buy it's management contract back BBI will probably change it's name asap.
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- doesnt look good for bnbg holders
BNB
babcock & brown limited
doesnt look good for bnbg holders, page-6
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