FAR 1.14% 44.5¢ far limited

Financing, page-57

  1. 762 Posts.
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    “Either the arbitration panel says we get the opportunity to purchase or not (is my understanding).”

    Your understanding is correct, Mr H. Based on what FAR conveyed last year, there are only three outcomes - we lose, we win or there is an interim settlement. If FAR win, they win the right to be PE. If they decide to pre-empt (not a given), they can onsell part or all of the 35% to a partner of choice, subject to customary government approvals.

    gh.
 
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