b_patterson,
85% will be owned by CBD, so redo you maths
hard to know which of the two companies is in a worse financial position.
looks like CBD needed to merge before its accounting inconsistencies are uncovered! Easier to swindle an offshore co.
of greater concern is that CBD have not disclosed the AusChina issues which are now publicised. From losing projects to the jv falling apart.
cbd/westinghouse merging by june, page-6
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