From the Australian:
Meanwhile, some are betting that bankers UBS and Lazard working with the troubled mining and manufacturing business Arrium may soon announce a restructuring proposal for the overall company.
This follows so-far unsuccessful attempts to sell its profitable mining consumables business Moly-Cop for close to $2 billion.
While major buyout firms such as Blackstone expressed interest in the operation, one of the factors hindering a potential sale was understood to be questions surrounding whether the company could continue as a going concern without the mining consumables arm.
- Forums
- ASX - By Stock
- ARI
- Where to Now?
Where to Now?, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)