Looks like the lenders have told CNP not to proceed with the potential sale.
"Centro Properties Group (Centro) announces that the exclusive due diligence granted to Cromwell Group in relation to the Centro MCS Syndicates funds management business has expired. Centro confirms it has concluded discussions with Cromwell and that the potential transaction in relation to the syndicates business will not proceed. This decision to conclude the discussions with Cromwell has the general support of Centro?s lender group."
CNP Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held