In today’s briefing:
- SK Square: Two Remaining Credible Options for 11 Street
SK Square: Two Remaining Credible Options for 11 Street
- We discuss the two remaining options for 11 Street post the cancellation of its sale to Qoo10 Pte.
- As these strategic sale of 11 Street to Qoo10 Pte. has failed, the possibility of a forced sale of 11 Street by the financial investors has increased.
- The higher probability event is for the Nile Holdings consortium to try to sell 11 Street to other financial investors.