BBI 0.00% $3.98 babcock & brown infrastructure group

can somebody explain?

  1. 181 Posts.

    The accompanying statement from Kairos contains a reference to a possible termination mechanism in
    the Management Agreements between Babcock & Brown Infrastructure (BBI) and BNB. The Directors
    of BBW are not privy to the BBI Management Agreements, but note that the Management Agreements
    between BBW and BNB do not contain any similar termination mechanism. The termination
    mechanisms relating to BBW's Management Agreements are as previously disclosed in the IPO
    Prospectus and Product Disclosure Statement of 26 September 2005.
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