Ann: Exclusive Option Agreement to Acquire Balance of TSi India-TSN.AX, page-131

sounds like an extra 8% rather than 15%

regardless, don't the extra shares value the acquisition & TSN even lower?

does HC employ interpreters so help understand both your post & the announcement?

u claiming this will be 100% debt funded?

Mohnish and Deepak currently hold a 7% ESOP pool of TSi India securities. These will be cancelled and replaced by TSN shares to Mohnish and Deepak representing 7% of the diluted share capital in TSN post-option transaction. Additionally, TSN is to issue TSN shares to Mohnish and Deepak representing 8% of the diluted share capital in TSN post-option transaction with the shares to be issued or to vest upon milestones and be subject to escrow.

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