FAR 2.91% 50.0¢ far limited

WPL acquires CNP Senegal interest, page-46

  1. 1,166 Posts.
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    Morning OOO. This deal cannot proceed until the pre-emptive rights are satisfied. If FAR and CNE choose not to move then I wonder if their rights are transferable and someone else can come in with a bid.

    Futhermore, I wonder if FAR and CNE can use their pre-emptive rights as bargaining tools to secure favorable conditions moving forward.

    In any event WPL look keen to move quickly...and the SP rise yesterday could herald confidence in them as a partner.
 
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