re: Ann: PES: Pure Recommends BG Group Takeov... New offer simple.
2 Arrow shares , say 2.80 = $5.60
plus $3.00
Total $8.60 ( if Arrow shares are higher then fine )
PES gets oodles of upside in AOE shares and more importantly gets CGT rollover relief on accepting AOE shares.
Current cash bid has total offer subject to immediate CGT Implications.
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