CNP 0.00% 4.0¢ cnpr group

twisted article

  1. 1,981 Posts.
    Here it says Centro is selling 'Services Business.


    http://www.businessspectator.com.au/bs.nsf/Article/Myers-in-bid-for-Centros-services-FNVHM?OpenDocument
    Troubled Australian-listed shopping centre company Centro Properties Group is said to be selling its services arm. It manages the assets in the US and Australia, and is likely to fetch substantially less than the value of $A5.5bn put on it in mid-2007. The rumoured buyers are the Myer family of Melbourne, property syndication stalwart Julius Colman, and Mike Fitzpatrick, the founder of Hastings Funds Management. There are previous links between all parties through the MCS business that was acquired by Centro

    Distributed by News Bites. © Lexis-Nexis
 
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