insaf, that's a pretty good summary, but I'll just point to your statement:
"However, the issue that affects this restructure is WEG's marketting/sales agreement.
Hence PLV now needs to re-negotiate with WEG. "
Is this part of the reason that Tony stepped aside. I can't imagine there are good feelings towards Tony from WEG after they lost 50%. If PLV needs to get WEG to release their marketing rights to another party, then perhaps Tony wasn't going to have much luck influencing them and stepped aside.
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