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clock Created with Sketch. 05/06/23
17:41
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Originally posted by yurts:
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"The SLR isn't binding because the board has refused to let SLR due diligence. SLR can't make a binding offer until they perform due diligence. It would be reckless for SLR to make a binding offer sight unseen ."once again, Silver Lake did not submit a proposal or indication of price. As such, St Barbara declined to engage withSilver Lake, and the St Barbara management team instead focused on engagement with three genuine parties
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SBM were not selling gwalia last year... SLR probably had no idea that SBM would offer up gwalia for sale, I know I had no idea they would do that. Fact is as soon as SBM made it clear they were selling SLR stepped up and came to the table.
(20min delay)