Found an interesting article with details I'd not heard before. Seems that Westside had put in an interest to farm-in with Armour but didn't eventuate.
"WestSide chairman Cheng Ye, who is also chairman of the $4.5 billion diversified Landbridge Group, has revealed that he had has earlier farm-in discussions with Armour, however no deal was finalised and discussions were terminated.
Spurned, Landbridge has launched its takeover offer, seeking at least 50.1% of Armour, a high hurdle considering Armour chairman Nick Mather’s DGR Global (24.64%), US fund Och-Ziff Holding Corporation (9.51%) and Mather himself control more than a third of the company."
More in the link: (from 14/9)
http://www.energynewspremium.net/St...n=Industry Moves§ionsource=s74&aspdsc=yes
Found an interesting article with details I'd not heard before....
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