It's not a takeover, it's a merger of divisions as they state it but more realistically it's WPL buying a bunch of BHP's stuff.You won't be issued BHP shares. BHP will be issued WPL shares. They are paying for the sale by giving BHP shares.
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- are we getting BHP shares? nomrally, takeover bid will drive up the share price,why drop on this case?
are we getting BHP shares? nomrally, takeover bid will drive up the share price,why drop on this case?, page-3
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1 | 800 | 24.330 |
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