Following on-market purchases at 92.5c, UAC now holds 19.9%, enough to block Iberdola's full takeover. Its average cost would be a lot lower.
Iberdola will have to raise its bid or accept less than 100% of IFN. Which direction will it take?
We shall see.
Ash
Ann: UAC - Change in substantial holding, page-2
Currently unlisted. Proposed listing date: 25 JUNE 2025 11:00 AM AEST ##
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