BNB babcock & brown limited

will book more than $2.6 billion of write-offs

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    THE AUSTRALIAN FINANCIAL REVIEW:

    Page 1: Babcock & Brown has warned that it will book more than $2.6 billion of write-offs, making its assets worth less than its debts and jeopardising negotiations with its bankers over whether they keep the embattled company alive.
 
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Currently unlisted public company.

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