Ann: Recommended acquisition of AWE by Mineral Resources, page-39

Today's AFR: Mineral Resources seals takeover deal for AWE

http://www.copyright link/business/...s-seals-takeover-deal-for-awe-20171220-h0867p

Extract:

'AWE chief executive David Biggs said discussions with a number of major shareholders had shown they were "all very supportive and very pleased" with the deal. He also said there was nothing to stop another bidder entering with a higher price, notwithstanding the 1 per cent break fee.

"There's three to four months this process runs for so it's perfectly feasible for another bid to be made by another player," Mr Biggs said.'

DYOR