Lifull can opt out with a termination payment of a couple million – nothing significant to either party.
However they are very unlikely to for a number of reasons:
- The bid is largely a scrip bid made at a time when Lifull’s share price was significantly higher, it has since dropped circa 40%. So in essence, they are getting a 40% discount on their purchase price of Mitula.
- There are genuine synergies in the acquisition for Lifull and it’d make them the no.1 aggregator in their space.
- Forums
- ASX - By Stock
- MUA
- Ann: MUA announces record revenue and visitation in First Half 18
Ann: MUA announces record revenue and visitation in First Half 18, page-10
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)