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Message: something is coming arround !!!

Re: something is coming arround !!! -- 2Crude

posted on Feb 05, 2008 03:42PM

"Is aleanna a parntership in which sxn is xx%? or is aleanna a seperate entity in which sxn is working with on a project basis?i'd like your take on who brings what to the table and comments on the benefits, drawbacks etc of the deal."

thanks

2C

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Hi 2Crude,

Sorry I missed this one earlier, but to answer you question. Basically when the AleAnna deal was put together AleAnna shareholders, retained 15% of their company, Saxon took 20%, and another Equity Group took the remaining 65% is how I understand it. Where I get a little confused is the third party to the transaction when Saxon announced its 20% deal (look back to NR for details).

Hope this helps

Cheers,

cvac01

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