I'm not across BCM, but $5m price to cancel the management agreement looks like good news for BBI & BBP.
Subject to BCM shareholder approval, BCM and Babcock & Brown have agreed to terminate the existing Management Agreement and Advisory Agreement in consideration for a one-off payment of $5 million, funded from the Company’s existing cash reserves.
- Forums
- ASX - By Stock
- BBI
- management internalisation
management internalisation
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BBI (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online