AIO
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0.00% $9.13 asciano limited

could be a takeover

  1. von wipps
    1,188 Posts.
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    12/11/08
    11:54
    Post #: 4490314
    AIO got down to $0.495 this morning capitalising the company at $350m. TPG were prepared to pay $3 billion just three months ago. Surely they will be in there buying right now.

    "Whilst it may now seem like a lifetime ago, it is worth bearing in mind that only in August this year AIO received an unsolicited, non-binding offer of $4.40 from the consortium of TPG/GIP. The offer was deemed by the Board to be opportunistic and consequently negotiations were not progressed any further."

    von.

    AIO Price at posting: 65.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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