CNP 0.00% 4.0¢ cnpr group

"Asciano is not the only Australian asset to be on the receiving...

  1. 646 Posts.
    "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
 
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