VOR 0.00% 39.5¢ vortiv limited

Ann: Exclusive Option Agreement to Acquire Balance of TSi India-TSN.AX, page-15

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  1. 3,108 Posts.
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    Ok Questions/comments:

    1) What exactly is a "Shop and Standstill restriction" ?
    2) Shareholder approval required - is anyone objecting? speak up!
    3) Mohnish Kumar (CEO) and Deepak Verma (CFO) to become directors of TSN..perhaps an explanation o why the CEO role hasn't been filled either?
    4) Only thing they haven't mentioned is how they will fund the purchase..no doubt a plan is already in the works..

    All round good news to confirm the option.
 
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