I think that it's more likely to be a break-up scenario with the property assets going to an experienced property fund manager, the real assets going to somebody like Macquarie and the PE/VC and hedge fund assets being run off over time.
Unfortunately, I doubt that sort of outcome leaves much on the table for equity holders in BLA itself other than run-off value.
Glaucus are STILL short, page-14
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
