Ann: APA: T/O Offer for HDF and sale of 80% of A, page-3

  1. LZA
    1,858 Posts.
    re: Ann: APA: T/O Offer for HDF and sale of ... it is an off market bid, and holders can elect to accept, so APA might be happy to get 50% and control.
    If the directors reject the offer, a higher offer might eventuate, but it could drag on for many months.
    Dont expect too much excitement on this first offer.
 
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