"Asciano is not the only Australian asset to be on the receiving end of TPG's attentions, with the company believed to be involved with a proposal to buy out the property management rights of the collapsed Centro group."
Well, I hope that doesn't eventuate!!!
I can't see why CNP need to head down that path when all we need is to sell enough assets to pay down the debt to a comfortable level.
Once the banks are happy with the debt level then it SHOULD be business as usual.
Management rights = revenue = future dividends = higher SP
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held