"The utility group operates under a stapled structure, with each security consisting of one Alinta Limited share and a unit in the Alinta Energy Trust. Securityholders will be offered 10 per unit under the transaction to destaple the security and transfer the assets to a new company wholly owned by Alintas syndicated lenders." From Sydney Morning Herald.
Does this mean that we will get 10c for each unit in Alinta Energy Trust and get to keep one share in Alinta Energy?
AEJ Price at posting:
8.8¢ Sentiment: None Disclosure: Held