Without NWE Board approval, MIN can still achieve the target ≥90% entitlement to compulsory acquisition ownership stake in NWE by creep aquisition or downstream acquisition, provided no single shareholder has a >10% stake in NWE (ability to block compulsory acquisition). Does anyone know what MIN's current shareholding is and whether there is anyone that can block compulsory acquisition?
Ann: MIN: Response to Norwest Target Statement, page-82
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