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Vicinity proves Chinese wall is strong at Credit Suisse
Joe AstonColumnistFear not, the Chinese wall at Credit Suisse Australia is sturdier than ever!
Only on Friday, the investment bank’s REITs analyst Peter Zuk issued a note on Vicinity Centres, upgrading the stock to outperform and talking down the likelihood of “a defensive equity raising as [the company’s] and existing investors’ least-preferred capital management initiative, given the dilutive impact at current pricing” of $1.61 per share.
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