SRX 4.35% 12.0¢ sierra rutile holdings limited

I get the feeling that even though Varian have said it will not...

  1. 159 Posts.
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    I get the feeling that even though Varian have said it will not increase their offer, I think they are just waiting in the wings to see which way the board recommends. Given that CDH have reiterated that Fund V is backed by respected pension funds, rather than chinese backed, they are giving surety to the deal. With the bid being 20% higher than Varian, I would think the board is going to find it hard to continue to recommend Varian.
 
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