Can anyone enlighten me on this extract from a recent AFR article
That hurdle is significant because it means Mr Wilson would have to control any bidder. Since leaving the business to pursue a takeover offer with an unnamed but credible investment partner, he has hired Goldman Sachs to advise on a potential transaction. UBS is working for Quintis.
Now for a company that is going belly up, why would 2 financial giants like UBS and Goldman Sachs bother to be the towel boys for FW and QIN
Another question.
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QIN AKA Trading Places, page-256
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