I think my doubt maybe well founded... that if the 2nd largest shareholder DTN's parent company decides not to exercise the option to acquire 20% of ENC, the chance is, they may not be interested in acquiring the 55% either. Therefore they may vote no, their voting power is more than 20%.
I am not an expert, therefore enlighten me if anyone would - why does ENC worth 2.3B at value and what are the Shareholder Loans in this company? Why would NIC acquire 55% shares and also have to acquire the shareholder loans? Doesn't the vendor after receiving 1.265B from NIC has the money to re-pay their loans? What if they have huge shareholder loans, e.g. exceeds 2 billion?
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