If centro keep speaking about the interest of their stakeholders, wouldn't this mean that if we had a takeover offer from a consortium of some type this would be ahead of the bankers funds; therefore if Centro stakeholders aren't happy with the banks deal; we could always go back to the takeover offer?..So wouldn't the stakeholders then agree on takeover bid rather than administration...Think about it???
Even if the bid is much higher than the current share price.We are better off with the takeover offer bid from the likes of Blackstone and Citadel Investment Group just to name a few.
You can't say Centro isn't worth anything when firms have been reported putting in bids months ago. Even if it is 90cents thats much better than administration..
So once again stakeholders would approve takeover bids rather than receivership..
This is probably the reason why this whole mess is taking so long because there probably trying to workout the best solution for all concerned.
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