Ann: AOG Half Year Results Presentation, page-16

So what does this bit imply: whole of company transaction

"
 Aveo announced a strategic review on 15 August 2018 and appointed Merrill Lynch Markets (Australia)
Pty Limited (“Merrill Lynch” as its financial adviser
 Consistent with the process timetable previously disclosed, the first stage of the process was launched
in late November and in late January 2019 a number of indicative non-binding bids were received from
bidders interested in a whole of company transaction
 The Independent Board Committee (IBC), together with its advisors, is currently assessing these bids
and aims to shortlist preferred bidders to take into the second stage of the process which will
commence in late February 2019?
"