Hope they got rid of the morons that approved them, although it appears someone from Arrium thought it vitally important that the purchase proceed. Whose interest it was in apart from WPG we don't know, certainly wasn't the Arrium business or its shareholders.
Hopefully those 50 forensic accountants that KM have trolling over the books will find some answers, if not they've given the impression they had a look and made plenty of money in the process.
ARI Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held