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Online Share Trading

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Lion Match buying Beige

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Vish_1
Contributor
Lion match looking to purchase 35% stake in BEG. Any views on this?
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7 REPLIES 7
Not applicable
Vish, seems like minorities will be made an offer to buy them out. Per latest set of results, NAV stands at +/14c and tangible NAV at +/-8c. Will have to wait to see what offer is put onto the table should this transaction go ahead.
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shailen
Contributor
how will this impact minority shareholders?
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shailen
Contributor
how will this impact minority shareholders?
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Not applicable
I stand to be corrected but if an offer is extended to each minority shareholder, each minority shareholder would then need to indicate whether or not they are prepared to accept the offer.
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SimonPB
Valued Contributor
they will make an offer at the same price Lion Match paid and holders will have to decide .. if 75% sell they can delist, if 90% agree they can force out the remaining ..
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Not applicable
Thanks Simon. Beige have done really well for me - can't wait to see the offer.
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shailen
Contributor
Any speculation on the price Lion will offer?
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