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Ann: Consortium increases cash consideration to $9.53 per share, page-131

  1. 15 Posts.
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    I saw the threat, which was repeated more explicitly in the AFR today, but wonder how realistic it is. This deal already mixes so many politically toxic things:

    - Foreign firm buying one of Australia's biggest private companies
    - Green energy (+ inevitable price hikes)
    - Big payouts for executives pushing for the sale of their company
    - General perception, whether fair or not, that Brookfield/EIG are underpaying

    Do Brookfield/EIG really want to add "perception they are abusing minority shareholders" to the list?

    I don't personally subscribe to the hero-villain narrative that many others do in relation to this deal, but it can't be denied that perceptions are already pretty bad for Brookfield/EIG.
    Last edited by viktorb: 06/11/23
 
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