COI 0.00% 15.5¢ comet ridge limited

I dont think the deal is for 80% for 5.6millPer the...

  1. 83 Posts.

    I dont think the deal is for 80% for 5.6mill

    Per the announcement;

    The JV is formed from the following;
    - Pine Brook (56.5%) provide US 7mill + US 2mill of Assets
    - Comet (43.5%) provide US 7mill of assets

    Pine Brook have to contribute another US19mill to take ownership to 80%

    Pinebrook therefore have to throw in a total of 28mill to take 80% share of the JV




 
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