FAR 2.91% 50.0¢ far limited

ConocoPhillips backs Woodside deal, page-110

  1. 6,027 Posts.
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    I am lost here.
    What is the huge gain?
    If Total back us what happens then?
    What are the benefits to FAR?
    Do we get some sort of free carry?
    Total end up with 35%
    FAR with 15%

    Or does Total take us both out and they end up with the magical 50%

    Or are we thinking PE funds in some way?

    Does Total just replace WPL who replaced COP?
    What are you expecting that is potentially huge?
 
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