Announcement today to ASX - UBS now holding 42.3m shares (5.15%)
I've never heard of the "advisor" also buying up shares and becomming a substantial S/holder during the course of a takeover.
Is this irregular?
Is it a conflict of interest?
Will they be able to offer truly objective ongoing advice in the event of a higher offer ?
I think that this warrants some investigation and explanation by the MOS Board.
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