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Article: BBI may rue its hasty rejection of RBS.
- Article from:
- Australasian Business Intelligence
- Article date:
- October 11, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jeffrey Hutton
Oct 11, 2009 (The Australian Financial Review - ABIX via COMTEX) -- An independent report on the $A1.8 billion recapitalisation plan of Babcock & Brown Infrastructure Group will be issued on 12 October 2009. The plan will give Brookfield Asset Management a stake in the company and control of some assets. There are indications that Babcock may have been rash to dismiss the rival offer of the Royal Bank of Scotland so quickly.
Publication Date: 12 October 2009
BABCOCK AND BROWN INFRASTRUCTURE GROUP - ASX BBI
BROOKFIELD ASSET MANAGEMENT INCORPORATED
ROYAL BANK OF SCOTLAND GROUP PLC
GRANT SAMUEL AND ASSOCIATES PTY LTD ...