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51 Pages«<495051
ARM HY2017
Bishofu
#1001 Posted : Monday, March 04, 2019 7:36:10 PM
Rank: New-farer


Joined: 7/16/2018
Posts: 11
obiero wrote:
Angelica _ann wrote:
littledove wrote:
https://www.businessdailyafrica.com/corporate/companies/ARM-buyout-bids-deadline-extended-to-mid-March/4003102-5008040-2o32pt/index.html
“The administrators, in consultation with the transaction advisers, extended bids submission deadline for bidders interested in ARM Cement PLC (under Administration) to mid-March following requests by several bidders for more time to allow them to finalise ongoing due diligence and put together binding offers that meet the administrators’ requirements,” Muniu Thoithi, a PwC executive and one of ARM’s administrators, said.

somebody was most likely waiting for others to bid and appear last with highest bid


By the time PwC is through with ARM, d'oh! d'oh! d'oh!

At least investors are assured of decency upon being asked to alight the KQ bus utapata change. Hii ARM unashukishwa na matusi bana


Somebody is willing to buy out at 18.2b!????? Not clear wether it's shareholding + debt or debt or shareholding...unverified!!
Bishofu
#1002 Posted : Monday, March 04, 2019 7:42:45 PM
Rank: New-farer


Joined: 7/16/2018
Posts: 11
Angelica _ann wrote:
littledove wrote:
https://www.businessdailyafrica.com/corporate/companies/ARM-buyout-bids-deadline-extended-to-mid-March/4003102-5008040-2o32pt/index.html
“The administrators, in consultation with the transaction advisers, extended bids submission deadline for bidders interested in ARM Cement PLC (under Administration) to mid-March following requests by several bidders for more time to allow them to finalise ongoing due diligence and put together binding offers that meet the administrators’ requirements,” Muniu Thoithi, a PwC executive and one of ARM’s administrators, said.

somebody was most likely waiting for others to bid and appear last with highest bid

It reminds me of pri school. Keep your hands done until all the possible wrong answers are given ,then
Pap you smash the right answer and you become the hero
By the time PwC is through with ARM, d'oh! d'oh! d'oh!

muandiwambeu
#1003 Posted : Monday, March 04, 2019 9:13:27 PM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,094
Bishofu wrote:
obiero wrote:
Angelica _ann wrote:
littledove wrote:
https://www.businessdailyafrica.com/corporate/companies/ARM-buyout-bids-deadline-extended-to-mid-March/4003102-5008040-2o32pt/index.html
“The administrators, in consultation with the transaction advisers, extended bids submission deadline for bidders interested in ARM Cement PLC (under Administration) to mid-March following requests by several bidders for more time to allow them to finalise ongoing due diligence and put together binding offers that meet the administrators’ requirements,” Muniu Thoithi, a PwC executive and one of ARM’s administrators, said.

somebody was most likely waiting for others to bid and appear last with highest bid


By the time PwC is through with ARM, d'oh! d'oh! d'oh!

At least investors are assured of decency upon being asked to alight the KQ bus utapata change. Hii ARM unashukishwa na matusi bana


Somebody is willing to buy out at 18.2b!????? Not clear wether it's shareholding + debt or debt or shareholding...unverified!!

Let me break the ice for scenarios with my advanced knowledge in this area
This is synonymous to hostile cam hostile over hostile take over.
And major shareholders are wounded and need quick rescacitation.
How sore, this sore:-
Gen 34:25 And it came to pass on the third day, when they were sore, that two of the sons of Jacob, Simeon and Levi, Dinah's brethren, took each man his sword, and came upon the city boldly, and slew all the males.

http://goo.gl/Q7hrP

Now they are hoping that the headtaker will be kind.
So,
Creditors, have to be paid out first. They are the ones on the driving wheel and I wonder how they will let their catch fly from their hands.
And since this is a fair bid, shareholders have no room on the negotiation table, other than wait for scrubs.
,Behold, a sower went forth to sow;....
Fyatu
#1004 Posted : Wednesday, March 13, 2019 2:26:27 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,321
Location: Nakuru
littledove wrote:
https://www.businessdailyafrica.com/corporate/companies/ARM-buyout-bids-deadline-extended-to-mid-March/4003102-5008040-2o32pt/index.html
The administrators, in consultation with the transaction advisers, extended bids submission deadline for bidders interested in ARM Cement PLC (under Administration) to mid-March following requests by several bidders for more time to allow them to finalise ongoing due diligence and put together binding offers that meet the administrators’ requirements,” Muniu Thoithi, a PwC executive and one of ARM’s administrators, said.

somebody was most likely waiting for others to bid and appear last with highest bid



These people thought mid-March will never get here...sasa tuko squarely in mid-March. Who are the bidders and what is the price?
Dumb money becomes dumb only when it listens to smart money
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