The battle may be short lived...
http://www.businessspectator.com.au/news/2013/12/18/mergers-acquisitions/bega-may-sell-wcb-stake-saputo
MG still has it's work cut out for themselves... aside from debt load they'll carry on to acquire WCB.
If Bega sells to Saputo that'll help push the canadian company towards a majority stake-hold. After which, it will be futile for MG to carry on... regardless if the Tribunal approves or rejects their advances.
- Forums
- ASX - By Stock
- two horse race
The battle may be short...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)