Newjf will make every effort to complete the acquisition. The logic behind the deal is solid. Mengniu may vote for the deal. A higher management offer is out of reach as the management lacks sincerity
What is covered in the Full Insight:
Introduction to Newjf's Offer
Key Dates and Pre-Conditions
Strategic Implications for Stakeholders
Opposition from Greatview Management
Conclusion and Recommendations
Boomeranged on Tue, 7 Jan 2025 09:09
IFA unsurprisingly recommended to reject Newjf's Offer. But as the conflict is public, shareholder will make decision that benefit them most. Mengniu's move is to ensure its future transaction do not affect the market. Whether from capital gain or business logic, Mengniu may vote for Newjf's Offer. Investors may wait until the last two days. If still no higher offer, they will accept Newjf's Offer