How can an independent advisor say this will be good for shareholdersAmpol believes the acquisition could be “double-digit earnings per share accretive, and +20% free cash flow accretive in 2023”.
As such, Z Energy has appointed an independent advisor to assess whether the updated deal is in the best interests of its shareholders and hasn’t ruled out accepting higher offers from rival bidders.
According to Zel - they can get this double digital earnings within 2 years from now.
They ripping minority shareholders - is there a law that prevent this.
takeover, page-255
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