After five months of the most rigorous due diligence on the part of S&G and SGL, at a cost to S&G of A$51.6m (£31.7m) in external fees alone, the deal completed.
- Wow, I wonder who these consultants are? I would not let them change a light bulb. I am not surprised that many dodgy individuals were involved. They should all accept responsibility, although I am starting to enjoy the finger pointing.
Without prejudice to the points made above, any claim in breach of warranty is subject to limitations contained in schedule 6 of the SPA, including a cap on the value of the claim of £100 million.
- I wonder when they are going to settle and for how much?
SGH Price at posting:
6.9¢ Sentiment: Sell Disclosure: Held
