PIH prime infrastructure group.

dissidents' prime beef unlikely to derail bip, page-4

  1. 462 Posts.
    Understand that for it all to go ahead that 50%+ of those that actually vote (by shareholder - importantly, NOT number of shares) must also be in favour?

    Is it not a potential opportunity for the scheme to be voted down on this basis?

    If voted down then will BIP revert with an unconditional offer that is different (better) to their current offer?

    To be voted down would it not show that at least 15% are against the current offer and don't BIP still need 90% for the unconditional offer and 100% less 15% = 85%?

    I'm still thinking that a NO vote is the way to go.

    Comments appreciated
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.