MHL 0.00% 0.3¢ monitor energy limited

In the initial Ann wasn't the deal for the purchase of the whole...

  1. 991 Posts.
    In the initial Ann wasn't the deal for the purchase of the whole company ? lock, stock and barrel. How could RSS finalise their 10% portion of the purchase without MHL.

    If MHL has not finalised their end of the deal - being the major contributor of the deal (90%) and the new owners, how can RSS jump in before the deal is done and buy 10%?

    IMO I thought that as a JV or whatever RSS would have to wait for MHL so that the whole purchase of the company goes through at one time.

    It is like selling one wedge of a whole pie but you have made a deal to sell the whole pie - in our case who will want part of the business when they can have the whole business. The sellers must be desperate to get out of their situation.

    The way this whole deal is going ....... words escape me.

    coob.
 
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