- On or around 4 December 2015, the Company and Wade executed amendments to the Sale Agreements to:
42.1 extend the completion date for the sale of the Assets to on or before 15 January 2016;
42.2 provide the Company with the option to terminate the Sale Agreements at any time prior to 15 January 2016; and
- On 17 December 2015, the Company engaged advisors to conduct a confidential sale process for the Assets to identify alternative purchasers.
So I guess, the one adjustment I'd suggest to your points is that 2 weeks after the extension, they made it non-exclusive (clause to give AZZ the option to terminate and started a process to find another buyer).
You're right about the other points though.
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Ann: Response to ASX Aware Query, page-17
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