They have anticipated class actions in their sale to Saputo. MG is to retain about 200mil from the sale to pay for class actions and ongoing costs.
The 80c will be paid out first. And then the rest is released after the class actions, which is likely to take 1-2 years.
This is according to their announcement, unless there has been changes: http://www.mgc.com.au/media/49638/20171027-asx-announcement-mg-sale-to-saputo.pdf
They have anticipated class actions in their sale to Saputo. MG...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)