Buy at the bell. Payment may feasibly occur on or before the 3rd November. There could be some slippage should Cosette appeal
What is covered in the Full Insight:
Introduction to the Court Ruling
The Trade and Scheme Details
Cosette's Potential Appeal
South Australian Plant Concerns
Mayne Pharma's Financial Performance
Boomeranged on Fri, 31 Oct 2025 07:37
Mayne has been provided with a letter received from the Treasurer indicating that his “preliminary view is that the Proposed Acquisition would be contrary to the national interest,”. This view pivots off Cosette (possibly) seeking to dispose/close amanufacturing site in Adelaide if it acquires Mayne. Mayne said it was not commercially rational to close the site. But they are not the buyer. Mmm.