Ballpark figure is around $500M NET to BBI for 50% of DBCT. $1 Billion NET if they sell 100%. They are the figures being thrown around. This is an asset a lot of people would love to have as it only comes up for sale in very rare circumstances (like now). Whoever buys it will probably sit on it for a very long time as it's a cash cow. It will bring a very good price. A pity it will be sold, but if it ensures a leaner and stronger BBI going forward, so be it.
BBI Price at posting:
3.6¢ Sentiment: LT Buy Disclosure: Held