ARI 0.00% 2.2¢ a.c.n. 004 410 833 limited

KM will be making Bluescope compete for any buyout of Arrium...

  1. 370 Posts.
    lightbulb Created with Sketch. 21
    KM will be making Bluescope compete for any buyout of Arrium Australia. But once Molycop is sold off for say $1.60 Billion in cash, it could be a takeover target for anyone. Lifting it out of administration may make it then easier for someone to take it over using cash and shares (and importantly getting this $2 Billion in tax losses). If the whole entity is liquidated they miss out on the tax losses. This is what they may be temporarily lifting it out of adminstration for. To set it up to be taken over more easily.
 
watchlist Created with Sketch. Add ARI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.