AWE
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Wednesday 7 pm is the last day to accept. If Mitsubishi MUFJ...

  1. g12m0
    3,968 Posts.
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    29/03/18
    20:48
    Post #: 32132494
    Wednesday 7 pm is the last day to accept. If Mitsubishi MUFJ accepts their 6.35% holding then Mitsui will likely reach reach the 50.1% that will make the offer unconditional. My view is MUFJ will accept on Tuesday.
    In this takeover offer, Blocking stake is only useful in preventing Mitsui reaching 90% to proceed to compulsory acquisition of all remaining shares that didn’t accept Mitsui’s offer.
    AWE Price at posting: 94.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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