MMI's offer is much better. They already own 39% of Gulf, so won't cost them much to get superior offer than MOL.
Looks like MOL will be back to drawing board for few more years of admin fees.
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- Ann: MMI: Offer to Gulf Alumina Shareholders from Metro-MOL.AX
Ann: MMI: Offer to Gulf Alumina Shareholders from Metro-MOL.AX, page-3
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