As you probably know, Foster's revised bid for Southcorp of $4.26 closes on 26th May. Any idea what will happen to the stock once we hit the 26th?
If Fosters reaches the 90% "compulsory acquisition" mark, what price are they obliged to pay for the outstanding 10%?
If Fosters does not reach 90% by 26th May, is the general consensus that SRP will rise or fall?
As former employees prior to the divestment of their dishwasher/heater businesses, my parents are SRP shareholders. Any ideas where it's all going? Your thoughts greatly appreciated!
