SKI 0.00% $2.87 spark infrastructure group

Yep, this is written a number of times "in the absence of a...

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    Yep, this is written a number of times "in the absence of a Superior Proposal"
    • "The Board of Directors of Spark Infrastructure unanimously recommends that Securityholders vote in favour of the Schemes at the scheme meetings, in the absence of a Superior Proposal and subject to an independent expert concluding in the independent expert’s report (and continuing to conclude) that the Schemes are in the best interests of Spark Infrastructure securityholders."

      I also note due diligence was granted on a non-exclusive basis, but not sure if that is superseded by moving Scheme Implementation Deed.
      I'm not a lawyer!


    Minters give a decent write up/overview of the process here:
    https://www.minterellison.com/articles/how-a-scheme-of-arrangement-works
 
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