Saw a comment this morning about WISCO and Baotou combined holdings in CXM would pass 20% once both are invested as per their current plans.
If we subscribe to the thesis that Baotou and Wisco are state owned enterprises, then this would mean that the ultimate holder would own more than 20% of CXM, a threshold that would require a bid for the entire company.
Does this constitute a risk for our hopes for CXM ?
