TGS 0.00% 4.9¢ tiger resources limited

Ann: Tiger signs binding agreement to divest DRC operations, page-19

  1. 597 Posts.
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    It isn't a takeover aidoaido (100% buyout)! And it's also not a better deal!

    This paragraph just says that it is forbidden for senior lenders (which are also shareholders!) to make agreements between them to be on a better position than a "normal" shareholder which have no senior lending money in tgs..
 
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Currently unlisted public company.

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