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News: APA APA Says MD And CEO Mick McCormack To Retire In 2019, page-3

  1. 12,497 Posts.
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    I don't know if I would be rushing to the door just yet?
    The end of 2019 is still a ways off!
    Besides, I have heard it said that there were other suitors (more than one) running the ruler over APA? in light of the fact that the last offer which was knocked back by the FIRB board but actually got through the ACCC, then the only thing stopping any takeover offer now is where the offer is coming from I would have thought?
    If another entity wanted to make an offer? then you would have to assume the best time to do this would be before Mick left? because I would think any newcomer to the CEO role would like to be able to put their own stamp on things before they accepted any offer like the previous one made?
    The clock is ticking I reckon, any other suitor must consider what may happen when the CEO role changes hands I believe, if they are fair dinkum about making an offer then maybe they should move before that happens?


    All just my opinion of course.
    Last edited by moosey: 04/01/19
 
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