TIH Limited- Who will emerge as the biggest winner from the unconditional offer?
Earlier this month, Lippo China Resources Limited (“LCR”) and funds managed by and including Argyle Street Management Limited (“ASM”) jointly launched a voluntary unconditional offer of 57 cts for each TIH share pursuant to a consortium agreement signed on the same day. The offer is made through Kaiser Union Ltd (“Bidco”), an SPV wholly owned […]
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