https://www.copyright link/street-talk/big-maca-instos-hit-thiess-bid-rusty-retail-next-20220925-p5bksj?utm_content=tomorrows_headlines&list_name=8A788639-A9D1-4978-A9A6-0B1A9F5C5DD8&promote_channel=edmail&utm_campaign=street-talk-first-look&utm_medium=email&utm_source=newsletter&utm_term=2022-09-25&mbnr=MTE0NjY5MTY&instance=2022-09-25-22-00-AEST&jobid=29416271
MACA’s big institutional shareholders - Samuel Terry Asset Management, Paradice Investment Management and Schroders - have all accepted suitor Thiess’ bid in the past few days, deciding it’s not the type of market to snub an all-cash bid at a 49 per cent premium to the one-month VWAP.
Hold on everyone!
