APA 0.84% $7.18 apa group

Ann: Letter to Securityholders, page-8

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  1. 1,641 Posts.
    lightbulb Created with Sketch. 2623

    That's a standard term in these deals. The door is open to one, but if you look at the media articles over the last 6 weeks, you'll see APA were out beating the drum trying to find a competing bid and don't seem to have gotten anywhere.

    https://www.copyright link/street-t...roup-challenge-20180617-h11h96<br><br>There's an outside chance that there's another offer lurking in the wings, possibly waiting to see how the regulatory clearance goes, but I wouldn't rely on it.

    Personally, I hope this gets shot down from either the government or shareholders. It's not a high enough price for me, and I'll be voting "no" if we get to that.
    Last edited by Sharpey: 15/08/18
 
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