How would ADT be out of Sandfires scope?
they already own 7.5 % of the company and it only has a market cap of 115 million.
Sandfire have approached the board of ADT and asked to increase its stake by way of a capital injection.
the main stumbling block is the founding owners stake in ADT stopping Sandfire from making an aggressive takeover.
MOD is a totally different proposition someone is building a position quite cheaply.
How would ADT be out of Sandfires scope?they already own 7.5 %...
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