I'm not sure I see the logic. spending $25 million for the opportunity to buy qld prawns for another 'market value' amount doesn't make any sense to me. Any purchase is subject to regulatory approval, spending $25 million just gets them a seat on the Board.
What is your view of the rationale behind Nissui investing $25 million in equity in SFG if their only goal is to acquire the Qld prawn operation?
Nippon Suisan Kaisha : Acquisition of Capital in Seafarms Group Ltd., page-70
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