The offer is attractive, with no vocal shareholder opposition. At the last close and for the 1 July payment, the gross/annualised spread was 2.5%/12.2%.
What is covered in the Full Insight:
Offer Details and Conditions
ACCC and FIRB Approval
Carve-out Transaction Details
Shareholder Voting and Opinions
Offer Valuation and Relative Analysis
Boomeranged on Wed, 24 Jul 2024 12:51
Datasite has received ACCC clearance for the Ansarada scheme privatisation, which is a prerequisite for FIRB approval (scheme condition). The scheme vote is on 21 August. This is a done deal. At the last close and for the 6 September payment, the gross/annualised spread is 1.6%/9.8%.
SUMMARY
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