BIG 0.00% $2.22 big un limited

Have I missed something? How is a company with a MC of...

  1. 2,247 Posts.
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    Have I missed something? How is a company with a MC of approximately $650m going to buy out a $1.7b company by using its shares at a 19% discount? Although not really plausible, the other way around would be more logical, although they don't have shares with which to fund a buy out of BIG.

    I'm only aware of BIG's 4th placing in the Deloitte Technology Fast 50, which is not a ranking of the top technology stocks but instead is purely based on the growth rates of start up technology companies over the last 3 years. Is there another Deloitte list in which BIG was ranked in the top 5 that I'm not aware of?
 
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Currently unlisted public company.

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