Today's AFR - BKN

Interesting... Hidden in 2nd half of article on Atlas Iron...
http://www.copyright link/street-ta...relief-ahead-of-halfyear-test-20151201-glc5z3


Atlas Iron seeks covenant relief ahead of half-year test ....

Elsewhere,  CHAMP Private Equity is understood to be working up a fresh proposal which may put mining and engineering services firm Bradken out of its misery.


With Nick Greiner now out of the picture as Bradken chairman after the annual meeting in November, sources said CHAMP has made initial contact with the leadership team led by new Bradken chairman Phil Arnall.
The other intriguing element in the Bradken kerfuffle is that New York hedge fund Litespeed Management is now sitting at 12.94 per cent of Bradken after steadily creeping up the register in bite-sized pieces.
CHAMP and Chile's Sigdo Koppers were sent packing a few months ago by the Bradken board after plenty of due diligence after coming to the rescue with a balance sheet injection of $70 million in June.