I have been pondering why a company would offer 2.7bn for DBCT, when the market cap of BBI is $180m.
Why doesn't a potential suitor for DBCT team up with a private equity firm.
Offer 20c a share for BBI, use the extra $2.2b they would have paid for DBCT to pay off corporate debt, SPARCS and BEPPA - then carve off DBCT for themselves and let the private equity firm make a massive profit on selling off/relisting the rest.
Sure, there are a couple of BNB poison pills lying around - but they might be able to be bought off for a suitably exorbitant amount.
- Forums
- ASX - By Stock
- BBI
- melua's bbi restructure
melua's bbi restructure, page-46
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)