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1,692 Posts.
826
17/01/23
20:16
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i think its a bit different to the RDY transaction, this has gone all the way to scheme but the RDY was still in non-binding/DD phase.
In addition the premium is a lot more on MSL, usually premium this high would go through plus the macro environment we are entering is also sketchy.
I think they tried behind closed doors to negotiate but as of today's announcement seems like to no luck to increase the offer.
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