Babcock & Brown Capital severs ties with Babcock for A$5m

The firm’s board had originally agreed to give Babcock A$50m in exchange for terminating the management and advisory agreements, but a 'material reduction' in net assets forced them to reconsider the fee size. Management said the external management model had 'failed so far to deliver value to shareholders'.

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.

Share this