ITC 0.00% 8.2¢ impress energy limited

beach has over 30%, page-18

  1. 9,660 Posts.
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    TBE: So far, VPE has 60% and ITC has 40%. But, VPE has already a stake in ITC of 20%, hence another 8% approx. of the overall stake. However, those 20% they might hand back to BPT IF they do not want to challenge them (and make a quick profit on that as well).
    Beach will always have a minority stake here unless they make a take-over bid for VPE or IF (which I fully doubt!) VPE want to let go of the oil side of their business model and concentrate on CSG only...
    wasa
 
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