This is a clean privatisation. Assuming 12th July payment, I'd pay up to ~$18.45/share (~2%/15% gross/annualised spread).
What is covered in the Full Insight:
Offer details
Court Meeting and EGM details
IFA report
Concert parties details
Company Standing
Boomeranged on Thu, 30 May 2024 07:48
This is positive. Pentwater Capital with 8.51% of independent shares (& 4.64% of shares out), has confirmed it will vote for the Scheme at the 19th June Court Meeting. This Offer was done from the onset. And trading accordingly. Now even more done.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.