SLR have made their offer. Now all they should do is sit back and watch everything unfold.
If SBM shareholders knock back the GMD offer, there will be a fire sale.
If they take the offer, so be it. There is no need to overpay for the asset, particularly in a time when the strain on companies with cash flow issues will be increasing.
Ann: SBM: No material improvement in Silver Lake proposal for Leo, page-11
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