Hard to tell given the agreement and with most boxes ticked. It’s a binding agreement on Verra so they can’t just change their mind. Speculation on what it could be ...
- issue with NZ or Saudi approvals?
- material accounting issue with info RDF gave (warranted) to the bidder?
- independent valuer said “not in SH best interests”? So negotiation following?
- someone else just lobbed a higher bid in RDF’s lap?
We’ll find out in a few days.
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