GREY:CLLZF - Post by User
Post by
paljoeyon Dec 13, 2011 8:49am
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Post# 19316228
Sale of Twining, Penhold next
Sale of Twining, Penhold nextThe sale was held up pending the TO review.
Twining has a 10 % discounted NPV of $114 million and Penholds will be released soon but should be close to that of Twining.
Total sale value probably in the $175 million range.
Cash moves up to $300 million.