CER 0.00% 32.0¢ centro retail group

shareholders urged to back centro merger

  1. 431 Posts.
    Finally got a phone call but not asking what I was voting just to remind me to vote.

    Cheers
    Hotlegs
    Shareholders urged to back Centro merger

    by: Sarah Danckert
    From:The Australian
    November 11, 201112:00AM

    ISS Proxy Advisory Services and CGI Glass Lewis have thrown their weight behind Centro's $3 billion merger plans, recommending shareholders in Centro Retail back the deal that will see debt-ridden sister company Centro Properties escape liquidation.

    Both leading advisory firms have recommended Centro Retail shareholders vote for all resolutions relating to the company's plans to aggregate its two listed arms along with other associated funds to create a new listed fund at the November 22 meeting.
 
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