AOE 0.00% $4.68 arrow energy limited

break fee

  1. 6,942 Posts.
    lightbulb Created with Sketch. 746
    not sure if anyone has commented, but the breal fee is evidently 1% of transaction value.
    thats what $300,000,000 plus!

    it seems a lot.
    it cannot be to cover costs of the bid, because even paying the lawyers lunches, it would not amount to $300m.

    clearly the breakfee of that size is to frighten away any competing bidders?

    cheers
 
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