gee,aren't we glad that this is ASX sanctioned & classified as a...

gee,
aren't we glad that this is ASX sanctioned & classified as a made in heaven "friendly merger" and NOT a down'n'dirty, nasty "takeover".

mmmmm/
20%+, eh?

"The amendment provides for NuStar to compulsorily redeem
the exchangeable shares of any person or corporation that
acquires control over a number of exchangeable shares
which when combined with ordinary NuStar shares controlled
by the same party, results in them holding 20% or more of
the outstanding voting rights in NuStar.
The redemption is effected by the issue of an equal number
of ordinary NuStar shares."