Of course FFT wants 100% but there will be people who don't accept their off market takeover offer. As such their alternatives are to buy on-market to get up to 90% then commence compulsory takeover procedures.
They waived conditions on the offer the other week when they had around 60% holding, meaning the deal was proceeding regardless of the 80% minimum acceptance.
Of course FFT wants 100% but there will be people who don't...
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