Phillip's PE squared conundrum, page-3

  1. 17,306 Posts.
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    Clement sorry to say this has been discussed at length.
    FAR have 3 options
    1. Do nothing. Welcome WPL on board.
    2. Preempt for their 10%, this is only possible if CNE preempt for their 25%
    3. Preempt for the entire 35%
    What they do with the % they get from PE is another story.
    They could sell some/all, but that is not part of the preempt process
    A poster on here who I trust implicitly has basically said that FAR are PE using private equity. I am taking it that its for the full 35% as that poster has said they don't believe CNE will preempt. IMO DYOR DB
    Last edited by Davy Boy: 14/08/16
 
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