RE:RE:RE:RE:RE:RE:...Found the reason Thanks for the info Sam. I guess it was a little naive of me to believe the data at TD Research. It looks like BBU's leverage to PDL is much less than I thought, so I will re-think my investment here.
Cheers,
dv
sam2100 wrote: Hey Divestor,
I've found that there is a fair amount of inaccurate information in relation to the financial metrics of the BAM spin off companies; BBU, BIP, BEP and BPY. For example the total shares, the trading shares, the market caps of these companies are frequently incorrectly stated on many of the financial information websites. Most of the media do not distinguish between BAM and BBU/BIP/BEP/BPY.
So, I've found the only consistently accurate source of BBU information, is from BBU's own filings/press releases that are located on their own website. In this case, BBU Q4 2018 Supplemental Information, page 13 indicates that BBU owns 23% of NAP, link below. Also, I recall BBU discussing this in a past conference call.
GLTA,
Sam
https://bbu.brookfield.com/~/media/Files/B/Brookfield-BBU-IR-V2/documents/bbu-q4-2018-supplemental.pdf